{"id":176153,"date":"2023-05-29T17:39:55","date_gmt":"2023-05-29T17:39:55","guid":{"rendered":"https:\/\/precoinnews.com\/?p=176153"},"modified":"2023-05-29T17:39:55","modified_gmt":"2023-05-29T17:39:55","slug":"nvidias-generative-ai-revolution-computex-2023-highlights","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/nvidias-generative-ai-revolution-computex-2023-highlights\/","title":{"rendered":"NVIDIA's Generative AI Revolution: Computex 2023 Highlights"},"content":{"rendered":"

NVIDIA Corporation (NASDAQ: NVDA), a leading player in the technology sector, has been making waves with its impressive performance and strategic moves. The company\u2019s recent Q1 2024 earnings call and its announcements at Computex 2023 provide a compelling case for its continued success.<\/p>\n

NVIDIA, a titan in the tech world, is making significant strides in shaping the future of AI and accelerated computing. The company\u2019s robust financial performance, as revealed in the Q1 2024 earnings call, coupled with its groundbreaking announcements at Computex 2023, underscores its potential for continued growth and innovation.<\/p>\n

In the earnings call for the first quarter of fiscal 2024, NVIDIA demonstrated its financial prowess with revenues that not only surpassed projections but also marked a substantial year-over-year growth. The company\u2019s data center segment, a cornerstone of its revenue, exhibited impressive growth, largely driven by the A100 GPUs and BlueField DPUs. Meanwhile, the GeForce RTX 30 Series GPUs propelled the gaming division to new revenue heights. NVIDIA\u2019s automotive segment is also on an upward swing, with NVIDIA DRIVE solutions gaining market acceptance.<\/p>\n

NVIDIA\u2019s strategic acquisitions, including Arm and Mellanox, have fortified its market position. The integration of Mellanox\u2019s networking technology has enhanced NVIDIA\u2019s data center offerings, giving it a competitive edge. The impending acquisition of Arm is set to transform NVIDIA into a premier computing company in the AI era, expanding its product range and market reach.<\/p>\n

The company\u2019s CFO stated:<\/p>\n

\u201cQ1 revenue was 7.19 billion, up 19% sequentially and down 13% year on year. Strong sequential growth was driven by record data center revenue with our gaming and professional visualization platforms emerging from channel inventory corrections \u2026<\/em><\/p>\n

\u201cRecord revenue of 4.28 billion was up 18% sequentially and up 14% year on year on strong growth of our accelerated computing platform worldwide. Generative AI is driving exponential growth in compute requirements and a fast transition to NVIDIA accelerated computing, which is the most versatile, most energy-efficient, and the lowest TCO approach to train and deploy AI. Generative AI drove significant upside in demand for our products, creating opportunities and broad-based global growth across our markets.<\/em>\u201c<\/p>\n

At Computex 2023, NVIDIA\u2019s founder and CEO, Jensen Huang, unveiled new platforms designed to harness the transformative power of generative AI across various industries. One of the key announcements was the introduction of the DGX GH200, a large-memory AI supercomputer. This powerhouse uses NVIDIA NVLink to amalgamate up to 256 NVIDIA GH200 Grace Hopper Superchips into a single, data-center-sized GPU. The GH200 Superchip is a fusion of an energy-efficient NVIDIA Grace CPU and a high-performance NVIDIA H100 Tensor Core GPU.<\/p>\n

NVIDIA also launched NVIDIA MGX, a modular reference architecture for crafting accelerated servers. This will enable system makers to swiftly and cost-effectively construct over a hundred different server configurations to cater to a broad spectrum of AI, HPC, and NVIDIA Omniverse applications.<\/p>\n

Huang announced the NVIDIA Avatar Cloud Engine (ACE) for Games, a foundry service that allows developers to create and deploy bespoke AI models for speech, conversation, and animation. This will infuse non-playable characters with conversational abilities, enabling them to respond to questions with evolving, lifelike personalities.<\/p>\n

NVIDIA and telecom giant SoftBank are collaborating to construct a distributed network of data centers in Japan. These data centers will deliver 5G services and generative AI applications on a unified cloud platform. The data centers will utilize NVIDIA GH200 Superchips and NVIDIA BlueField-3 DPUs in modular MGX systems, as well as NVIDIA Spectrum Ethernet switches to deliver the highly precise timing required by the 5G protocol.<\/p>\n

https:\/\/youtube.com\/watch?v=QSWzSRnGEFo%3Ffeature%3Doembed<\/p>\n

Last Friday (26 May 2023), NVIDIA stock closed at $389.46 (up 2.54% on the day), up an incredible 172% in the year-to-date period. <\/p>\n


\nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NVIDIA Corporation (NASDAQ: NVDA), a leading player<\/p>\n","protected":false},"author":3,"featured_media":176152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nNVIDIA's Generative AI Revolution: Computex 2023 Highlights - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/nvidias-generative-ai-revolution-computex-2023-highlights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NVIDIA's Generative AI Revolution: Computex 2023 Highlights - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"NVIDIA Corporation (NASDAQ: NVDA), a leading player\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/nvidias-generative-ai-revolution-computex-2023-highlights\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-29T17:39:55+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/05\/NVIDIA039s-Generative-AI-Revolution-Computex-2023-Highlights.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/nvidias-generative-ai-revolution-computex-2023-highlights\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/nvidias-generative-ai-revolution-computex-2023-highlights\/\",\"name\":\"NVIDIA's Generative AI Revolution: Computex 2023 Highlights - 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