Nvidia’s partnership with OpenAI is a transformative force in the AI landscape, as the company invests in data centers to meet OpenAI’s ambitious goal of developing at least 10 gigawatts (GW) of AI-specific infrastructure. This collaboration follows Nvidia’s recent $100 billion deal, further solidifying its status as a leader in AI computing. With 88% of Nvidia’s revenue coming from its data center segment, the firm continues to excel through advanced graphics processing units (GPUs) essential for AI workloads. While Broadcom poses competition with its custom AI chips, both companies are positioned to thrive together. Nvidia’s GPUs offer flexibility for model training and inference, while Broadcom specializes in task-specific applications. As Nvidia’s growth remains robust, and its valuation appears attractive compared to peers, it represents a compelling buy for investors looking to capitalize on the evolving AI sector. Therefore, both Nvidia and Broadcom can complement each other in modern data center ecosystems.
Source link
Nvidia Soars to Record High Following OpenAI Partnership: Should You Invest in the “Ten Titans” Growth Stock?
Share
Read more