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Nvidia Stock Investors Just Got Bad News From AI Semiconductor Rival Broadcom [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Complex data center workloads like training machine learning models and running artificial intelligence (AI) applications would take a very long time if powered only by central processing units (CPUs). To that end, specialized semiconductors are used to speed up computationally intensive AI tasks. In that semiconductor vertical, Nvidia (NASDAQ: NVDA) graphics processing units (GPUs) have emerged as the industry standard. In fact, the company has between 80% and 95% market share in AI accelerators, according to analysts. But Nvidia shareholders recently got some worrisome news from rival Broadcom (NASDAQ: AVGO) Nvidia shareholders just got some bad news from Broadcom Broadcom sells a range of semiconductor products, including combined Wi-Fi and Bluetooth chips in Apple and Samsung smartphones, as well as networking chips in Arista switches. But Wall Street is particularly fascinated by its leadership in application-specific integrated circuits (ASICs.) ASICs are chips purpose-bu
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