At the just concluded GTC gathering, Nvidia’s Chief Executive Officer Jensen Huang revealed the firm’s upcoming strategies, exhibiting the Blackwell Ultra and consequent artificial intelligence chip developments.
Huang stated that Nvidia’s following generation central processing unit-graphics processing unit platform, Vera Rubin, called after the astronomer who found dark matter, is scheduled for launch in the latter portion of 2026, with the Rubin Ultra graphics processing unit coming a year later. Blackwell possesses 68 times the processing capability of the Hopper series, while Rubin is anticipated to boost that to an astonishing 900 times. The product range after Rubin will be called after physicist Richard Feynman.
Huang highlighted the swiftly escalating requirement for Nvidia graphics processing units. In fiscal year 2025, concluding in late January, the business provided 3.6 million Blackwell graphics processing units to the top four United States cloud service vendors—Microsoft, Google, Amazon, and Meta—considerably surpassing the 1.3 million Hopper graphics processing units from the prior year.
Huang names the week-long GTC gathering the “Super Bowl of Artificial Intelligence,” predicting it will draw 25,000 participants.
The Blackwell Ultra GB300 series semiconductors, with 1.5 times the memory ability, are projected to surpass the existing Blackwell series and are scheduled for launch in the latter portion of 2025.
Nvidia additionally revealed a partnership with General Motors to educate artificial intelligence manufacturing models, intending to construct GM’s future self-driving vehicle fleet. Huang observed that the age of self-driving has come.
On Tuesday, Nvidia’s stock decreased by over 2%, bringing its year-to-date decrease to roughly 13%.
Experts from a financial institution imply that the latest decrease in Nvidia shares might represent a prime chance for shareholders to “purchase the dip” How Observers are Assessing Semiconductor Stock Before Profits its upcoming substantial action. They are maintaining their optimistic outlook with a price forecast of $200, considerably exceeding the average analyst prediction of $177 monitored by Visible Alpha.
Keep an eye out for Investopedia’s live reporting of the GTC meeting, and make sure to catch Jensen Huang’s main presentation!
