Nvidia's New AI Data Center Processor Signals Potential Upside

14 days ago

Lisa Mateo

"All right, I want to start with Nvidia, ticker NVDA. Their shares have been up um nearly 1%. Big day at CES yesterday. Um CEO Jensen Wong he said the Reuben data center processor is in production. Uh demand is strong and he actually said it's five times better at running AI software than its predecessor. You know the Blackwell chips. Um he said that Rubenbased systems are going to be cheaper to run than Blackwell versions because they have smaller number of components too. But you have customers like Microsoft. They're going to be among the first to use this new hardware in the second half of the year. So that's a date he's starting to give out."

The speaker highlights Nvidia's announcement regarding its new Reuben data center processor, noting its improved AI performance and cost efficiencies compared to previous generations. The mention of strong demand and early adoption by key customers like Microsoft underscores potential near-to-medium-term upside as production ramps up later in the year.

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