Nvidia shares dipped 3% on Tuesday morning after the company unveiled its new generation of artificial intelligence chips, called Blackwell.
CEO Jensen Huang announced the new chips at Nvidia's developers conference in San Jose on Monday. The first Blackwell chip is the GB200 and will ship later this year.
The company also announced a new enterprise software product known as Nvidia Inference Microservice, which makes it easier to run older generations of Nvidia GPUs."Move over Taylor Swift, you're not the only one that can sell out a stadium as Jensen presented his GTC keynote to a packed crowd at the SAP Center in San Jose," Bernstein analysts wrote in an investor note on Tuesday, maintaining an outperform rating and $1,000 price target on the stock.
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The Morning After: NVIDIA says its Blackwell GPUs are the world’s most powerful chipsMat Smith heads up Engadget’s daily newsletter from London, UK. He has worked at Engadget for over a decade and has covered console gaming, flagship smartphones, the Apple Watch and fitness tech that promises to make him faster or stronger. He’s currently learning how to backflip.
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NVIDIA Fortifies AI Dominance With Monster Blackwell GPU And Plethora Of New Tech At GTCI am a freelance writer, co-founder and Principal Analyst at HTVA, and the longtime Managing Editor at HotHardware.com. My work has been published worldwide, in a number of educational, PC, and technology-related print and web publications. I have been a computing and technology enthusiast since my early childhood.
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Nvidia stock dips after company unveils latest AI chipsNvidia shares dipped 3% on Tuesday morning after the company unveiled its new generation of artificial intelligence chips, called Blackwell.
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