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in Tech

Nvidia shares close up after company unveils latest AI chips

by Editor March 19, 2024, 9:38 pm 1.8k Views

Nvidia CEO on the next generation of semiconductors and computing

Nvidia stock closed up 1% on Tuesday after CEO Jensen Huang said in an analyst meeting that the company expects to increase its share of the $250 billion data center market.

Huang’s comments were made a day after Nvidia announced its latest generation of artificial intelligence chips, called Blackwell, and a new AI software platform.

“You can build chips to make software run better, but you can’t create a new market without software. What makes…

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