Nvidia's New AI Chip Pace Accelerates with Blackwell's Successor Already in Development
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#3f451091 ver:0.19
Nvidia's Q1 2024 results show record-breaking sales and profit, with revenue reaching $26 billion and data center revenues at $22.6 billion. CEO Jensen Huang's wealth grows to $91 billion, making him the 17th-richest person globally. Nvidia's stock price surpasses $1000, and the company announces a 10-for-1 stock split. The new Blackwell AI chip is set to release next quarter, generating high demand. Nvidia faces competition from AMD's MI300X AI Accelerator chip. Startups in the AI industry struggle to find a profitable business model. Nvidia's stock price surges 11%, adding £210 billion to its value, leaving it with a market cap of £2 trillion. #Nvidia #AI #Blackwell #StockSplit #AMD #AIindustry...
#newstr #Nvidia #AiChip #NetProfit #JensenHuang #Blackwell #Successor
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