Nvidia will take center stage at the upcoming GTC conference, the industry’s first in-person gathering since the pandemic. All eyes will be on the tech giant as they unveil their latest advancements, with a critical question looming over the heads of customers and investors alike: can Nvidia hold onto its leadership in the AI chip market?
The B100 chip’s price tag is expected to exceed $20,000 – more than its predecessor
Nvidia’s recent boom has been nothing short of meteoric. Their market cap skyrocketed to $2 trillion, putting them in close pursuit of Apple for the number two spot. Analysts predict revenue to double in 2024 driven by the demand for their top-tier AI chips.
But the focus isn’t just on present success; it’s on futureproofing that success. The GTC is expected to unveil the B100, the next generation of Nvidia’s AI processor. This powerhouse chip promises to be the heart of their future AI systems and push the performance bar even higher.
Current demand for Nvidia’s chips already outstrips supply, with developers facing lengthy wait times. The B100’s price tag is likely to climb past its predecessor’s $20,000 mark. However, analysts are concerned regarding Nvidia’s stock price. While it has soared in recent years, some of them are skeptical (and rightfully so) that overly optimistic future earnings projections could be detrimental to the company’s profile.
Beyond hardware, Nvidia’s software strategy is another area to watch. Their CUDA platform locks developers in by offering tools optimized for Nvidia chips. Upcoming CUDA updates are likely to solidify this developer loyalty. Their entry into cloud services will also be something to watch out. And then there’s the matter of China, which adds another layer of complexity. US restrictions on access to Nvidia’s most advanced chips have forced China to develop its own AI hardware. While Chinese rivals offer chips comparable to Nvidia’s A100, they haven’t caught up to the H100. Analysts predict the B100 will widen this gap even further.
One thing is for sure, the GTC conference will be a key event for the company. Stay tuned to Gizmochina for the latest Nvidia coverage when the conference is underway!
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(Via)
