OEXN reported: Nvidia's momentum in AI chip innovation continues unabated, and on the 8th, Nvidia's stock price closed at 522 per share$53, up 64%, a record high, and a total market capitalization of 129 trillion US dollars, it is worth mentioning that in one year, Nvidia's stock price has risen by more than 230%.
"This is mainly due to the release of new consumer chips for personal computers, the conclusion of a number of AI business partnerships, and the announcement of several key Chinese automotive customers, which has led to investor optimism," said analysts at OEXN. And it is worth mentioning that Nvidia plans to mass-produce the H20 AI chip designed for China in the second quarter to comply with U.S. export regulations.
The rapid development of AI is also expected to inject new vitality into the market, and 2024 is expected to be the first year of AI PC. In this regard, the senior vice president of Nvidia also said: "Today, generative AI is becoming an inflection point in the latest technological development, and NVIDIA is at the heart of this major technological transformation. ”
Wall Street analysts said in an interview with OEXN: "This series of cooperation is regarded by Nvidia as a major breakthrough in the autonomous driving business, the Orin chip has become the preferred AI computing platform for today's smart cars, and the automotive business is Nvidia's fourth largest segment independent of data centers, games, and professional visualization, and in the first half of 2023, Nvidia's share of models with high-level assisted driving functions will reach 52."57%, almost half. ”
In addition, an analyst from OEXN said: "With the development of AI, not only the Internet, personal computers and other hardware have also ushered in major changes, AI PC has become the next track for chip companies to compete, and many well-known PC manufacturers in China have actively deployed in the field of AI PC." And Intel's official ** shows that in the next four years, AI PCs will occupy 80% of the market share. ”