Nvidia is early winner of the generative AI revolution 🤖 ➡️ Controls ~80% of AI chip market

[Get Ya Wig Split]

ChatGPT Is Causing a Stock-Market Ruckus​

Investors race to assess the rise of artificial intelligence as a possible ‘iPhone moment’​

The rise of artificial intelligence is taking the tech world by storm. The technology is also making waves on Wall Street.
It is early days for so-called generative AI, a form of artificial intelligence that can conjure original ideas in the form of text, video or other media. But the tool has caused a stir in companies, schools, governments and the general public for its ability to process massive amounts of information and generate sophisticated content in response to prompts from users.

Big technology companies are investing billions of dollars in the technology. Startups are raising cash and trying to develop business models using AI at a rapid pace.

Investors are gauging the extent to which AI’s arrival will upend companies, industries and contemporary business practices—and placing bets accordingly. That has sent stocks swinging wildly in both directions: Chip maker Nvidia’s shares are surging, while shares of study-materials company Chegg have plummeted. Enthusiasm for the potential of AI is one reason big tech companies are among this year’s strongest performers.

There is little doubt that generative AI chatbots are popular. ChatGPT reached 100 million users in two months, the fastest app on record, analysts at Goldman Sachs said in a research note. In comparison, TikTok took nine months to reach that milestone, while Instagram took 30.

“We view AI as huge, and we’ll continue weaving it in our products on a very thoughtful basis,” Apple Chief Executive Tim Cook said last week on a conference call with analysts.

Apple isn’t alone. There have been more than 300 mentions of “generative AI” on S&P 500 conference calls so far this year, according to data from AlphaSense. The phrase barely garnered a mention before 2023.

Major health systems are experimenting with AI to see whether the technology can help boost the productivity of their medical staffs. Entrepreneurs and venture-capital investors hope generative AI will revolutionize businesses from media production to customer service to grocery delivery. Even Coca-Cola told investors it is experimenting with the technology.

Some investors wonder whether generative AI is the latest tech with the potential to disrupt entire industries. The dawn of online streaming spelled the end of home-video-rental companies such as Blockbuster, while cameras on phones helped render photo processing obsolete and helped spark Apple’s rise and Kodak’s decline.

Artificial intelligence is “almost certainly overhyped in its initial implementation,” said Michael Green,

Microsoft has added nearly $500 billion in market value since the tech giant announced a $10 billion investment in startup OpenAI, developer of ChatGPT, in January. Shares of Nvidia, which makes chips needed to power the chatbots, have doubled so far this year. Google parent Alphabet shed $100 billion in market value in a single day earlier this year after its chatbot Bard underwhelmed investors, though those losses quickly reversed.
Alphabet shares are up 22% this year.

Those moves might prove ephemeral as the technology’s power becomes clearer, said Daniel Morgan, senior portfolio manager at Synovus Trust. “The most difficult thing to ascertain is, what is going to be the impact of all that spending to these companies on revenues and profits?” His fund owns shares of Microsoft, Alphabet and Nvidia.

The flurry of investor interest has pushed valuations higher. Nvidia trades at 167 times its past 12 months of earnings, according to FactSet. Microsoft and Alphabet trade at 33 times and 24 times, respectively.

Portfolio managers said the race to understand the implications of AI’s emergence is essential, both to invest in the technology’s winners and to avoid its eventual losers. Shares of Chegg fell 48% last week after the study-materials company said that the rise of ChatGPT was harming its ability to attract new customers.

“You just don’t know all the knock-on effects,” said Will Graves, chief investment officer at Boardman Bay Capital Management. “If this really is an iPhone moment, nobody saw that Uber was coming out of the iPhone to hammer the taxi industry.”

ChatGPT Is Causing a Stock-Market Ruckus

It is early days for so-called generative AI, but the tool has caused a stir. Investors race to assess the rise of artificial intelligence as a possible “iPhone moment.”

www.wsj.com

@F-22Raptor @Hamartia Antidote

@beijingwalker

 

[Hamartia Antidote]

 

[Hack-Hook]

poor arm , poor amd
honestly nVIDIA is not anymore a GPU company . wonder what they could built if they had continued to develope their tegra Socs , I wonder if by now could Qualcom and Apple stay competitive with them or could they build something that could compete with X86-64


I mean in consumer market not in HPC and AI sector

 

[Get Ya Wig Split]

NVIDIA ACE for Games is a new foundry for intelligent in-game characters powered by generative AI. Developers of middleware, tools, and games can use NVIDIA ACE for Games to build and deploy customized speech, conversation, and animation AI models in their software and games. Watch our NVIDIA Kairos demo, showcasing how NVIDIA partnered with Convai to help optimize and integrate ACE for Games modules into an immersive and dynamic interaction with a non playable character named Jin. The demo is also enhanced with ray tracing and performance multiplying NVIDIA DLSS 3.

https://twitter.com/x/status/1663167304715358208

https://twitter.com/x/status/1663235748085088266

https://twitter.com/x/status/1663247214779543552

https://twitter.com/x/status/1663167304715358208

 

[F-22Raptor]

https://twitter.com/x/status/1663660045270130696

 

[Hamartia Antidote]

Nvidia Nears $1 Trillion Market Capitalization—Closing In On These Other Companies

The chipmaker’s stocks are surging after an expectations-shattering financial report, bringing its market cap close to $1 trillion—a status shared with a handful of other companies.

www.forbes.com

The other companies with market capitalizations surpassing $1 trillion are Apple ($2.7 trillion), Microsoft ($2.4 trillion), Saudi Aramco ($2 trillion), Google’s parent company Alphabet ($1.6 trillion) and Amazon ($1.2 trillion).

Tesla and Facebook’s parent company Meta briefly dipped above the $1 trillion mark, but have both fallen back around $600 billion.

 

[beijingwalker]

Don't underrate China's ability to catch up in chips: Nvidia CEO
Nikkei Asia
5/30/2023, 7:37:28 PM

Huang, who founded Nvidia in 1993, said it is hard to predict if the U.S. export controls will end up creating a separate ecosystem for China for AI hardware and software. Nevertheless, he said, the public has to acknowledge China's technological advancements in cloud computing, internet services, digital payments, electric vehicles and autonomous driving technologies.

"We have to run very fast ourselves," Huang said when asked by Nikkei Asia about the technological gap between Chinese GPU players and Nvidia on the sidelines of the event. "The amount of resources that has been dedicated to this area in China ... is quite massive, so you can't underestimate them."

Huang, whose company has reached nearly $1 trillion in market capitalization, has close personal and professional ties to Taiwan. He was born in the southern Taiwanese city of Tainan and moved to the U.S. with his family when he was 9 years old.

Huang has an especially close relationship with Morris Chang, the founder and former chairman of Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker.

He told reporters that he had dinner with Chang in Taiwan a few days ago.

"Our partnership with TSMC is extremely deep," Huang said. "This is now the tipping point for accelerated computing and generative AI, and so over the next decade, the amount of business we do with TSMC is going to grow substantially."

Huang confirmed to Nikkei Asia that the H100 processor is sourced only from TSMC, though Samsung Electronics is also one of Nvidia's qualified suppliers. "We don't dual-source the chips because the technology is too hard to do it twice. It's barely possible to do at one time. ... But we worked very deeply with Samsung in chip fabrication, as well as memory technology and many other areas."

Don't underrate China's ability to catch up in chips: Nvidia CEO

Jensen Huang says Beijing will foster competitive companies amid U.S. tensions

asia.nikkei.com

 

[REhorror]

The last frontier.
Can't wait for cheap chinese GPU!

 

[JSCh]

Huang confirmed to Nikkei Asia that the H100 processor is sourced only from TSMC, though Samsung Electronics is also one of Nvidia's qualified suppliers.

So Nvidia depends alot on TSMC. That's maybe why he is so spooked.

If US keep provoking China on Taiwan such that a cross strait war happened, Nvidia is most certainly screwed.

So US would back off a bit now till Arizona fab is ready?

 

[Hack-Hook]

NVIDIA ACE for Games is a new foundry for intelligent in-game characters powered by generative AI. Developers of middleware, tools, and games can use NVIDIA ACE for Games to build and deploy customized speech, conversation, and animation AI models in their software and games. Watch our NVIDIA Kairos demo, showcasing how NVIDIA partnered with Convai to help optimize and integrate ACE for Games modules into an immersive and dynamic interaction with a non playable character named Jin. The demo is also enhanced with ray tracing and performance multiplying NVIDIA DLSS 3.

https://twitter.com/x/status/1663167304715358208

https://twitter.com/x/status/1663235748085088266

https://twitter.com/x/status/1663247214779543552

https://twitter.com/x/status/1663167304715358208

that engine is really fascinating , but nVidia need to tweak it a little bit.
you see right now the engine is a little to formal , means if you want to talk with a lumberjack in a the mountain out of a provincial nowhere village
well his pronunciation and vocabulary is as if he is an English literature professor from Oxford university.
the system can revolutionize games and how you interact with NPCs but it really need to loosen tie and become able to be a little (well perhaps more than a little) informal

 

[gambit]

Busted...

Chinese Powerstar x86 CPUs Confirmed To Be Rebadged Intel 10th Gen Comet Lake Chips

China's recently announced x86 Domestic CPUs by Powerstar are nothing more than rebadged Intel 10 Gen chips.

wccftech.com

A Chinese chipmaker, PowerLeader, recently announced its brand new x86 CPUs codenamed PowerStar. The company hosted a big event, inviting press from various parts of the country & turns out, the chip was nothing more than a rebadged Intel 10th Gen CPU.​

​

...reveals that the PL 1st Gen PSTAR P3-01105 PCU is nothing more than a Core i3-10105 CPU which is derived from the 10th Gen Intel Comet Lake family. The chip also shares the same specifications which offer a 3.7 GHz base clock, 4.4 GHz boost clock, 6 MB of L3 cache, & a TDP of 65W. Even the performance is pretty much the same that one should expect from a 10th Gen Core i3 chip.​

 

[CIA Mole]

and don't understand xi's ability to **** everything up

Busted...

Chinese Powerstar x86 CPUs Confirmed To Be Rebadged Intel 10th Gen Comet Lake Chips

China's recently announced x86 Domestic CPUs by Powerstar are nothing more than rebadged Intel 10 Gen chips.

wccftech.com

A Chinese chipmaker, PowerLeader, recently announced its brand new x86 CPUs codenamed PowerStar. The company hosted a big event, inviting press from various parts of the country & turns out, the chip was nothing more than a rebadged Intel 10th Gen CPU.​

​

...reveals that the PL 1st Gen PSTAR P3-01105 PCU is nothing more than a Core i3-10105 CPU which is derived from the 10th Gen Intel Comet Lake family. The chip also shares the same specifications which offer a 3.7 GHz base clock, 4.4 GHz boost clock, 6 MB of L3 cache, & a TDP of 65W. Even the performance is pretty much the same that one should expect from a 10th Gen Core i3 chip.​

i dont blame these guys for trying to make quick buck and run to other side of the world away from xi's terror

 

[Hack-Hook]

if anybody interested how nVIDIA dominated that market , here is a video of the products they offer , just looking at their compute units is mind-blowing

you think why they completely stop wasting their time on gaming industry and focus on servers and AI market.
their revenue in gaming is next to nothing compared to their revenue from industry focused areas

 

[migflug]

Nvidia Nears $1 Trillion Market Capitalization—Closing In On These Other Companies

The chipmaker’s stocks are surging after an expectations-shattering financial report, bringing its market cap close to $1 trillion—a status shared with a handful of other companies.

www.forbes.com

Unsustainable, will drop like Tesla and Netflix. Only sustainable Trillion Dollar company are Amazon, Apple, Microsoft and Alphabet.

 

[lastofthepatriots]

that engine is really fascinating , but nVidia need to tweak it a little bit.
you see right now the engine is a little to formal , means if you want to talk with a lumberjack in a the mountain out of a provincial nowhere village
well his pronunciation and vocabulary is as if he is an English literature professor from Oxford university.
the system can revolutionize games and how you interact with NPCs but it really need to loosen tie and become able to be a little (well perhaps more than a little) informal

Security wise, this is like opening Pandora’s box…