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Nvidia announces new chip to power AI models, reduce costs

Por: Fox Business Business August 09, 2023

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Melius Research Analyst Ben Reitzes weighs in on NVIDIAs stock, which he says could hit $625, and what it means for the A.I. industry. Nvidia announced a next-generation computer chip on Tuesday that’s designed to power models and keep the company at the leading edge of AI. Santa Clara, California-based Nvidia has emerged as a powerhouse in the AI space in part thanks to its graphics processing units (GPUs) which are used to train the large... + full article



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