Nvidia Corp. is experiencing a strong start following its upward trend since 2023. The company, known as the most valuable chipmaker globally, recently unveiled three new desktop graphics chips. These chips offer enhanced capabilities such as increased processing cores, faster memory, and improved gaming experiences with high-resolution images and AI-driven characters.
The introduction of these new chips indicates that the competition in the PC chip market, encompassing both CPUs and GPUs, will intensify in 2024 due to the arrival of AI chips. Nvidia's launch of the H200 GPU is expected to solidify its market dominance in the generative AI sector by establishing new GPU standards.
In addition, Nvidia has developed three chips specifically designed for the Chinese market, addressing the region's growing demand for AI systems while complying with US export controls. This strategic move allows Nvidia to maintain its presence in one of its most crucial markets.
The company will release its quarterly financial results on Wednesday, February 21st. We would potentially see a significant year-over-year revenue growth of approximately 230% for the December quarter.
The introduction of these new chips indicates that the competition in the PC chip market, encompassing both CPUs and GPUs, will intensify in 2024 due to the arrival of AI chips. Nvidia's launch of the H200 GPU is expected to solidify its market dominance in the generative AI sector by establishing new GPU standards.
In addition, Nvidia has developed three chips specifically designed for the Chinese market, addressing the region's growing demand for AI systems while complying with US export controls. This strategic move allows Nvidia to maintain its presence in one of its most crucial markets.
The company will release its quarterly financial results on Wednesday, February 21st. We would potentially see a significant year-over-year revenue growth of approximately 230% for the December quarter.