Nvidia is firing on all cylinders, solidifying its position as an AI leader. Here's a look at their recent developments:
AI Innovation on Fast Forward: Nvidia isn't resting on its laurels. CEO Jensen Huang unveiled plans for "Rubin," a next-generation AI platform coming in 2026. This follows the upcoming "Blackwell" platform expected later in 2024. This rapid release cycle reflects the breakneck pace of AI advancement. They're further solidifying their hardware edge with the announcement of the "Blackwell Ultra" chip slated for 2025.
Stock Split Democratizes Investment: Adding to the good news, Nvidia recently underwent a 10-for-1 stock split on June 7th, 2024. This means each pre-split share is now 10 shares, making them more affordable for individual investors. This opens the door for a wider range of people to participate in Nvidia's growth story, potentially increasing investor interest.
AI Boom Benefits Everyone: The rapid innovation in AI isn't a solo act. Advanced Micro Devices (AMD) also announced their next-generation AI chip, pushing the industry forward. This healthy competition ultimately benefits everyone as it accelerates the development of powerful AI tools.
Win-Win with TSMC:$Taiwan Semiconductor Manufacturing(TSM)$
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- glitzii·06-11TOPAwesome development! Nvidia is unstoppable in the AI world [Great][Heart]LikeReport
- doozii·06-11Impressive movesLikeReport