![]() ![]() ![]() Looking ahead, OpenAI has indicated that it may need another 10,000 chips to maintain ChatGPT efficiency. OpenAI, the company that launched ChatGPT, has been using Nvidia’s GPUs since 2020 in training its AI units – to the tune of 20,000 chips. Recent data show that Nvidia’s performance is standing on its AI products. Demand for Nvidia’s GPUs, especially in the latter application, has powered the stock’s strong gains this year for the year-to-date, NVDA shares are up approximately 190%. The chips are capable of handling the computing power needs of several high-end, processing-intensive applications, including professional graphic design, high-end gaming - and AI. Nvidia is a leader in the production of graphics processing units (GPUs), and has built its reputation on these high-end chips. Let’s take a look at what they have to say, and which AI-related chip giants they’re recommending.įirst up is Nvidia, a major name in the semiconductor industry, the eighth largest chip maker by revenue. The question now is, how much more room do the AI chip stocks have to grow? We can consult the Street’s analysts – several top stock pros have been weighing in on AI and semiconductors, and their comments can shed more light on the sector. Investors have picked up on this, and have made chip makers the go-to for AI stocks. Semiconductors have been here for decades, and are found in pretty much everything in today’s digital world, but combined with AI, they’ll be driving tomorrow’s technology. The Philadelphia Semiconductor Index, the PHLX, which tracks the chip sector through the performance of the 30 largest semiconductor makers, has gained approximately 39% so far this year.” The convergence of these two fields implies limitless possibilities.įor investors, this is particularly exciting. Semiconductor chips are ubiquitous in our digital age, and AI has in recent months begun transforming the way we communicate with our machines. Together, they’re driving the technology of the future. Artificial intelligence (AI) and semiconductor chips have been capturing investors’ collective imagination – and for good reason. ![]()
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