NVIDIA
Nvidia’s just trying to keep up
Altimeter Capital’s Brad Gerstner recently talked about how Nvidia remains the main player behind AI’s growth.
He pointed out that the demand for computing power has exploded. Google went from generating 9 trillion tokens a month last year to 980 trillion now - a 100x increase.
That kind of growth means the world is running short on computing power.
Nvidia’s chips still lead the market, powering everything from AI training to everyday use, but its growth is easing.
3 things to know:
Global AI computing demand jumped 100x in a year.
Nvidia’s revenue is up 56%, but growth has cooled.
A $5B Intel deal could unlock $50B in new markets.
Compute is the new oil
The company’s latest report showed a 56% rise in revenue, down from nearly 100% last year, as more competition and limited spending catch up.
Still, Nvidia isn’t slowing down entirely.
It recently signed a $5 billion deal with Intel to expand into data centres and PCs, a move that could open up $50 billion in new opportunities and help it take market share from AMD.
Analysts say the company is simply entering a steadier phase after its rapid rise.
Bring out the chips! - MV