Why Shares of Nvidia Jumped 15%

Date: November 11, 2016 Published by

  • Worldwide, some 1500 companies in AI are using Nvidia chips, he said.
  • Intel reported data center chip sales of $4.5 billion for the third quarter, nearly 20 times Nvidia’s sales in the quarter.
  • But Huang touted a growing ecosystem of developers and startups in the field choosing to rely on Nvidia’s chip platform.
  • The company’s growing data center chip sales still pale in comparison to Intel, the market leader.
  • Intel intc has tried to short-circuit Nvidia’s data center push by offering a very different kind of chip.

How Machine Learning Fueled Nvidia Stock’s 15% Jump