Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz – Yahoo Finance
The pandemic may have brought about a storm, but it has also fostered fertile ground for innovation.
The rise of AI, led by generative AI tools such as ChatGPT and Stable Diffusion, has not only aided the tech sector’s recovery but has also driven it towards unprecedented growth. As we look into the future, one thing is clear: AI is not just a part of the tech industry; it is becoming the tech industry.
Markets, in general, are rebounding post-pandemic. However, the advent of AI has been a particular windfall for tech stocks, especially hardware manufacturers.
The most evident recent example, of course, is NVIDIA, the company behind the leading industrial-grade graphic processing hardware and the creators of CUDA technology, without which contemporary AI developments would not be feasible.
In a mere five months, NVIDIA has experienced the most significant surge to its stock price in its history. It has now recorded a 166% spike after enduring a 50% drop due to a rough combination of…
The post Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz – Yahoo Finance first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/05/26/not-just-nvidia-these-are-the-other-big-winners-in-the-ai-chip-biz-yahoo-finance_2023052645337.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.