Nvidia Stock Wavers On New AI Chips

▤ Summary

Nvidias Ampere GPUs are produced by Taiwan Semiconductor Manufacturing Co. (TSM) using TSMCs industry-leading 7-nanometer chipmaking process. " The first processor based on the Ampere architecture, the Nvidia A100, is in full production and shipping to customers worldwide, Huang said. Nvidia originally planned to make the announcements at its in-person GPU Technology Conference in late March in San Jose, Calif. Huang said Nvidia is working with researchers and scientists to use GPUs and AI computing to treat, mitigate, contain and track the Covid-19 pandemic. Rosenblatt Securities analyst Hans Mosesmann reiterated his buy rating on Nvidia stock with a price target of 340.

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