OpenAI Raises Stakes for AMD’s Race to Catch NVIDIA
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Nvidia's remarkable earnings growth (with EPS anticipated to increase by nearly 50% this year), its leading role in accelerated computing, and
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Sam Altman Is Trying to Manifest a New Nvidia
OpenAI and Advanced Micro Devices announced on Monday a new partnership that would see OpenAI deploy six gigawatts of AMD’s chips over multiple years, starting in the second half of next year. That deal is larger than the $300 billion, 4.5 gigawatt cloud deal OpenAI struck with Oracle earlier this year.
One example of AI factories coming to pass is the British government's goal to expand the country's AI computing infrastructure by 20 times over the next five years. To that end, the U.K. partnered with OpenAI, and in turn, OpenAI enlisted Nvidia to provide as much as 31,000 AI chips.
If you bought Nvidia (NASDAQ: NVDA) at the start of 2023, you're very happy. The stock is up more than 1,100% since then, for a phenomenal return in a short time frame. However, after a run like that, investors would be forgiven if they thought they were too late to buy.
Don't miss the 4K NVIDIA DLSS 4 Trailer for ARC Raiders, an upcoming third-person extraction shooter developed by Embark Studios. Players will be able to head into the fray with top performance courtesy of NVIDIA.
Too many leaders fall into the same trap. They notice the world shifting and it sparks anxiety. Instead of acting, they retreat into the comfort of day-to-day operations.
While Nvidia is having another solid year in 2025, boasting a 41% gain, there's another AI stock that's doing even better -- one that's essential to the success of Nvidia and nearly every other major chipmaker.
Another hotly-tipped potential challenger to Nvidia is Beijing-based Cambricon Technologies. Its Shanghai-listed shares have more than doubled in value over the last three months as investors bet that it will benefit from Beijing's push for Chinese firms to use locally produced high-end chips.
Some on Wall Street are worried about an AI bubble. But analysts at Cantor Fitzgerald say Nvidia is their top stock pick in chips, as the AI trade is “just getting started.”
NVIDIA’s track record of strong earnings suggests an ability to remain at the forefront of its industry, as competitors fight for the leftovers. Between NVIDIA’s client list of Magnificent Seven companies and the burgeoning trend in AI, growth in both ...
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