Nvidia Hits Turbocharge on AI with New Product Releases and Partnerships at COMPUTEX
Stocks

May 29, 2023
What do you do when your company is up 167% in 2023 from riding the year’s hottest trend?
- Attend one of the world’s largest technology tradeshows at the advanced chip manufacturing capital of the world (Taiwan) and…
- Reveal so many products and partnerships that you have to finish with “It’s too much… I know it’s too much.”
That’s exactly what Nvidia (NASDAQ:NVDA) did at the 2023 COMPUTEX event yesterday — just days after announcing earnings and raising its sales forecast this quarter by a massive 50% above Wall Street estimates.
Nvidia’s CEO Jensen Huang says existing tech architecture isn’t fast enough to keep up with complex computing tasks — and that’s where Nvidia’s new products come into play.
Something for everyone…
1/ New AI supercomputer: DGX GH200 — to help companies build AI models — with the usual big tech giants Microsoft, Meta and Google first to get access.
2/ Advertising: Partnering with advertising giant WPP to create commercial content faster and cheaper by integrating 3D tools with generative AI.
3/ Data centers: Spectrum-X — speeding up the time it takes to run generative AI models by improving the performance of ethernet-based AI-clouds.
4/ Gaming: Avatar Cloud Engine (ACE) for game developers — giving non-player characters (NPCs) more personality using AI.
5/ Manufacturing: Partnership with global electronics manufacturers who are using Nvidia’s tech for generative AI, 3D collaboration, simulation and autonomous machines.
“We have reached the tipping point of a new computing era.”