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Nvidia's annual revenue is forecasted to reach $131 billion by 2026, more than double the previous year's $61 billion. The company's chipmaking rivals like AMD, Intel, and startups such as Groq are launching competing products. Nvidia is collaborating with Pure Storage to democratize AI, while its stock gains have attracted attention and raised concerns among investors. The company's advancements in automotive technology and AI were showcased at events like GTC24. Nvidia's CEO Jensen Huang expects the company to capture a significant portion of the global data center spend. The stock's value has surged, with analysts and investors closely monitoring its performance and market impact.
Chipmaker Nvidia has released a new 'superchip' that it says will turbocharge AI. Is this the start of a new power-hungry industrial revolution? https://t.co/Dp4xiNhIRI
"Groq’s approach to chip design and manufacturing has set a new standard for AI chip performance... the industry eagerly awaits the next set of innovations that will come from this forward-thinking company." https://t.co/KRTcRgGVbP
At #GTC24, #Medtech innovators highlighted NVIDIA's #AI platforms powering #healthcare advancement. With ultrasound acceleration, AR/VR for cardiac imaging, and #generativeAI for surgery, these techs aim to enhance efficiency and patient outcomes. https://t.co/GOyfHvDSnN