Nvidia's stock slips on introduction of new AI data-center CPU+GPU chip

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Nvidia Corp. responds to rival AMD's lead AI data-center product with the introduction of a new CPU+GPU chip, causing a slip in Nvidia's stock.

You didn’t think Nvidia Corp. would let the lead AI data-center product of Advanced Micro Devices Inc., its closest rival in the artificial-intelligence data-center chip market, go unanswered, did you?

At 2023’s Special Interest Group on Computer Graphics and Interactive Techniques, or SIGGRAPH, conference, Nvidia NVDA founder and Chief Executive Jensen Huang unveiled his answer to AMD’s AMD Insight MI300X CPU + GPU, which that company has been teasing all year. In a press conference ahead of the announcement, Nvidia’s head of hyperscale and high-performance computing, Ian Buck, told reporters the GH200 packs more memory and more bandwidth than the company’s H100-based data-center system. The GH200 uses Nvidia’s Hopper GPU and marries it with its Arm Ltd. architecture-based Grace CPU. The chip carries 141 GB of HBM3 memory and 5 TB per second of bandwidth.

 

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