Nvidia CEO says company has plans for desktop chip designed with MediaTek [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
(Reuters) -Nvidia Chief Executive Jensen Huang said on Tuesday that MediaTek will be able to sell the desktop central processor chip the two companies unveiled earlier this week and that Nvidia has undisclosed future plans for the chip. On Monday at CES 2025, Nvidia unveiled a desktop computer called Project DIGITS. The machine uses Nvidia's latest "Blackwell" AI chip and will cost $3,000, but it also contains a new central processor, or CPU, on which Nvidia worked with MediaTek to create. Responding to an analyst's question during an investor presentation, Huang said Nvidia tapped MediaTek to co-design an energy-efficient CPU that could be sold more widely. "Now they could provide that to us, and they could keep that for themselves and serve the market. And so it was a great win-win," Huang said. NasdaqGS Nasdaq Real Time Price • USD NVIDIA Corporation (NVDA) Follow View Quote Details At close: January 7 at 4:00:01 PM EST After hours: 6:23:14 PM EST Advanced
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NVDA
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- 11/20/24 - Beat
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- 1/8/25 - Form 4
- 1/6/25 - Form 144
- 12/20/24 - Form 4
- NVDA's page on the SEC website