World’s most valuable semiconductor firm Nvidia unveils more AI products after US$184 billion rally
- The flurry of announcements underscores Nvidia’s shift from a designer of computer graphics chips to a company at the centre of the AI boom
- Huang showed how Nvidia is teaming up with WPP to use AI and the metaverse to lower the cost of producing advertising
In a two-hour presentation in Taiwan, Nvidia chief executive Jensen Huang unveiled a new batch of products and services tied to artificial intelligence (AI), looking to capitalise on a frenzy that has made his company the world’s most valuable semiconductor company.
The wide-ranging line-up includes a new robotics design, gaming capabilities, advertising services and a networking technology. Perhaps most central to his ambitions, Huang took the wraps off an AI supercomputer platform called DGX GH200 that will help tech companies create successors to ChatGPT. Microsoft, Meta Platforms and Alphabet’s Google are expected to be among the first users.
“It’s too much,” Huang, 60, said near the end of his keynote at the Computex show. “I know it’s too much.”
The flurry of announcements underscores Nvidia’s shift from a designer of computer graphics chips to a company at the centre of the AI boom. Last week, Huang gave a stunning sales forecast for the current quarter – almost US$4 billion above analysts’ estimates – fuelled by demand for data-center chips that handle AI tasks. That sent the stock to a record high and put Nvidia on the brink of a US$1 trillion valuation – a first for the semiconductor industry.
In the presentation Monday, Huang argued the traditional architecture of the tech industry is no longer improving fast enough to keep up with complex computing tasks. To realise the full potential of AI, customers are increasingly turning to accelerated computing and graphics processing units like those made by Nvidia.
“We have reached the tipping point of a new computing era,” Huang said, as he paced the stage in a trademark leather jacket.
Huang also showed off the mind-bending capabilities of generative AI to take inputs in the form of words and then put out other media. In one case, he asked for music to match the mood of early morning. In another, he laid out a handful of lyrics and then used AI to transform the idea into a bouncy pop tune.
“Everyone is a creator now,” he said.