Posted 3/19/2024, 12:14:17 PM
Nvidia Unveils New A.I. Chip to Power Robotics and Transport, But Investors Shrug
- Nvidia unveiled new high-speed A.I. chip, Blackwell, at annual developer conference
- Chip meant to power "new industrial revolution" in robotics, transport, retail, etc.
- Nvidia stock has soared 5x since ChatGPT debut, joining $1T valuation club
- But shares fell Tuesday as investors shrugged off first day of conference
- Nvidia hosted 100+ customers, representing $100 trillion of industries, to showcase A.I. hardware
