World's Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion Rally
In a two-hour presentation in Taiwan, Nvidia Corp. Chief Executive Officer Jensen Huang unveiled a new batch of products and services tied to artificial intelligence, looking to capitalize on a frenzy that has made his company the world's most valuable chipmaker.
The wide-ranging lineup includes a new robotics system, gaming capabilities, advertising services, and a networking technology. Perhaps most central to his ambitions, Huang took the wraps off an AI supercomputer platform called DGX GH200 that will help tech companies create successors to ChatGPT. Microsoft Corp., Meta Platforms Inc., and Alphabet Inc.'s Google are expected to be among the first users.
“It's too much,” Huang, 60, said near the end of his keynote at the Computex show. “I know it's too much.”
The flurry of announcements underscores Nvidia's shift from a maker of computer graphics chips to a company at the center of the AI boom. Last week, Huang gave a stunning sales forecast for the current quarter — almost $4 billion above analysts' estimates — fueled by demand for data-center chips that handle AI tasks. That sent the stock to a record high and put Nvidia on the brink of a $1 trillion valuation — a first for the chip industry.
In the presentation Monday, Huang argued the traditional architecture of the tech industry is no longer improving fast enough to keep up with complex computing tasks. To realize the full potential of AI, customers are increasingly turning to accelerated computing and graphics processing units, or GPUs, like those made by Nvidia.
“We have reached the tipping point of a new computing era,” Huang said, as he paced the stage in a trademark leather jacket.
Huang also showed off the mind-bending capabilities of generative AI to take
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