All articles tagged with #blackwell chip
Nvidia and TSMC have unveiled their first U.S.-made wafer for Blackwell AI chips, marking a significant step in the U.S. efforts to re-shore critical chip manufacturing and lead in AI infrastructure, with plans for substantial future investments and job creation.
Nvidia has reported strong demand for its new Blackwell AI chip, with CFO Colette Kress describing the interest as "staggering." The company is working to scale supply to meet this demand, which reflects the growing need for computing power in AI projects. Despite exceeding Q3 revenue expectations with $35.1 billion, Nvidia's shares fell after hours as investors anticipated a larger revenue beat. CEO Jensen Huang emphasized the company's commitment to supporting the new U.S. administration and complying with any regulations. Nvidia's performance significantly impacts the stock market, accounting for a substantial portion of the S&P 500's return this year.
Nvidia is set to release its third-quarter earnings, with Wall Street closely monitoring demand for its upcoming Blackwell GPU chip. Despite a 197% year-to-date stock increase, Nvidia shares dipped 2% ahead of the earnings report. Analysts expect strong revenue growth, driven by demand for Nvidia's GPUs, and are particularly interested in guidance for the Blackwell chip, which is expected to ramp up production by 2025. The options market anticipates an 8% stock swing post-earnings, reflecting significant investor interest and potential market impact.