"The first company to be worth more than $4 trillion, Nvidia is at the core of the global rollout of AI. It is striking deals around the world while also navigating a US-China trade war that could determine which country's technology is most used across the globe. Investors are looking for clarity on what chips the tech company will be able to sell to the vast Chinese market, but Huang in his keynote speech praised policies by US President Donald Trump while announcing new products and deals."
"The supercomputers Nvidia is building for the DOE will help the US maintain and develop its nuclear weapons arsenal and research alternative energy sources like nuclear fusion. The largest of the supercomputers for the DOE will be built with Oracle and contain 100,000 of Nvidia's Blackwell chips. Putting the weight of the nation behind pro-energy growth completely changed the game, Huang said. If this didn't happen, we could have been in a bad situation, and I want to thank President Trump for that."
Nvidia will build seven supercomputers for the United States Department of Energy. The systems will support maintenance and development of the US nuclear weapons arsenal and research alternative energy efforts such as nuclear fusion. The largest system will be built with Oracle and include 100,000 of Nvidia's Blackwell chips. Nvidia reported $500 billion in bookings for its AI chips and reached a market valuation above $4 trillion. The company is pursuing global AI deals, navigating US-China trade tensions, announcing quantum-compatible networking technology, and investing $1 billion for a stake in Nokia.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]