Nvidia Drops Exclusive Glimpse Of Blackwell B100 AI Chip Ahead Of Conference

Coingapestaff
March 14, 2024
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NVIDIA Stock Target Price Raised to Unprecedented Levels Ahead of Q1 Earnings

Highlights

  • Nvidia CEO spotlights upcoming flagship products as GTC looms.
  • Blackwell B100 AI GPU chip appears to be the primary focus, piquing global attention.
  • Nvidia further bolsters its positioning across the market, with the GTC's developments further weighing in.

In a whirlwind of advancements witnessed across the AI industry recently, Nvidia, a leading GPU manufacturer, offered exclusive insights into the upcoming Blackwell B100 AI chips the firm plans to launch in the GTC next week. In a remarkable event, Jensen Huang, the CEO of the GPU giant, took to the stage of a Silicon Valley hockey arena on Monday, revealing valuable insights on looming flagship products with the upcoming GTC kick off.

This marks a monumental milestone for Nvidia, coming as the firm’s first annual developer conference held ever since the pandemic rolled in. With the GPU giant already staging as a leading player across the AI industry, the upcoming conference and the launch of Nvidia’s new products are expected to further anchor its foothold across the sector.

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Nvidia Fuels Market Optimism As GTC Looms

As the global race for AI paces each day, industry experts anticipate Nvidia to further capitalize on its revenue, leading to a market capitalization that will top any other entity. Meanwhile, with the cryptocurrency sector’s AI-based tokens further propelling market optimism for Nvidia, a torrent of optimistic buzz birthed with the GTC looming.

According to a report, the conference is expected to scope-in on Nvidia’s next-gen high-end AI processing units, one of which stands out, and experts expect it to be called B100. With Nvidia teasing developers last year, claiming the Blackwell B100 chip to be the most powerful GPU ever, the upcoming launch marks a key milestone for the company.

Also Read: Worldcoin Consent to South Korean Regulator Probe

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Nvidia Shares To Scale Greater Heights?

Despite the GPU giant’s facing a class action suit against authors for training its generative AI NeMo with the help of their books, Nvidia continues to showcase a storm of breakthroughs, fueling market optimism among investors. In a report by CoinGape Media earlier this month, NVDA ( Nvidia’s stock ticker on NASDAQ) scaled a new ATH, closing in on Apple.

With the immense potential and growth AI offers globally, Nvidia’s venture into fostering and developing AI systems will indeed aid the firm’s stance even further. A few hundred billion dollars behind Apple, NVDA is promptly gaining significant traction globally, fueling optimism among investors for further stock price rises, aligning with the burgeoning rise in AI.

Also Read: IRCTC Introduces NFT Train Tickets During Holi

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.