{"id":213432,"date":"2024-03-14T22:01:29","date_gmt":"2024-03-14T22:01:29","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/14\/nvidia-to-tease-new-b100-chip-at-upcoming-gtc-conference\/"},"modified":"2025-06-25T17:20:38","modified_gmt":"2025-06-25T17:20:38","slug":"nvidia-to-tease-new-b100-chip-at-upcoming-gtc-conference","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/14\/nvidia-to-tease-new-b100-chip-at-upcoming-gtc-conference\/","title":{"rendered":"Nvidia to tease new B100 chip at upcoming GTC conference"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/readwrite.com\/wp-content\/uploads\/2024\/03\/Nvidia-to-tease-new-B100-chip-at-upcoming-GTC-conference-900x600.png\" \/><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Nvidia is set to offer a peek at its new next-generation AI chip at the company\u2019s annual developer conference on Monday (March 18).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Around 16,000 people are expected to attend the event, and chipmaker <\/span><a href=\"https:\/\/readwrite.com\/nvidia-ceo-jensen-huang-says-ai-has-hit-tipping-point\/\"><span style=\"font-weight: 400;\">CEO Jensen Huang<\/span><\/a><span style=\"font-weight: 400;\"> will unveil new flagship products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In late February, <\/span><a href=\"https:\/\/readwrite.com\/ai-stocks-5-of-the-most-popular-ai-companies-to-buy-shares-in\/\"><span style=\"font-weight: 400;\">Nvidia\u2019s market value<\/span><\/a><span style=\"font-weight: 400;\"> surpassed $2 trillion, positioning it just $400 billion short of overtaking Apple as the second-most valuable company on Wall Street, with <\/span><a href=\"https:\/\/readwrite.com\/microsoft-surpasses-3-trillion-market-cap-as-it-advances-in-ai\/\"><span style=\"font-weight: 400;\">Microsoft leading the pack<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Wall Street anticipates a rise of 81% in its revenue this year, reaching $110 billion, as businesses aggressively purchase its premium chips in large quantities to drive chatbots, image generators, and <\/span><a href=\"https:\/\/readwrite.com\/nvidia-to-design-tailor-made-ai-chips-for-cloud-computing-firms\/\"><span style=\"font-weight: 400;\">various AI systems<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dell Technologies COO Jeff Clarke revealed the GPU earlier this month. Its <a href=\"https:\/\/readwrite.com\/dell-chief-teases-arrival-of-1000-watt-nvidia-gpu-chip\/\">new B100 chip<\/a> is thought to be at the center of the event and i<\/span><span style=\"font-weight: 400;\">s set to consume 1000 watts \u2014 an increase of 42% from its predecessor, the H100. <\/span><\/p>\n<p>The supply of Nvidia\u2019s existing AI chips has been unable to meet the overwhelming demand, resulting in developers enduring months-long waits to use AI-optimized computers available through cloud providers.<\/p>\n<p>Bank of America analyst Vivek Arya expects the price of B100 products to be 10% to 30% higher than the popular H100 system, <a href=\"https:\/\/www.wsj.com\/tech\/nvidia-stock-company-market-cap-291b7b7d\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> the Wall Street Journal.<\/span><\/p>\n<h2>Why is Nvidia\u2019s stock falling?<\/h2>\n<p>Despite its success, the chip maker did see a <a href=\"https:\/\/readwrite.com\/why-has-nvidias-stock-started-to-fall\/\"><span style=\"font-weight: 400;\">4.7% fall in its stock price<\/span><\/a><span style=\"font-weight: 400;\"> in February, with claims that investors weren\u2019t confident the company could sustain this level of growth in the short term.<\/span><\/p>\n<p>\u201cThe biggest concern is the numbers have just gotten so big, so quickly, you just worry they can\u2019t last,\u201d Bernstein analyst Stacy Rasgon <a href=\"https:\/\/www.reuters.com\/technology\/nvidia-offers-developers-peek-new-ai-chip-next-week-2024-03-14\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">told<\/span><\/a><span style=\"font-weight: 400;\"> Reuters. \u201cThe more new products they\u2019ve got coming out at higher performance and higher prices, the more runway they have.\u201d<\/span><\/p>\n<p>The price of the stock is still at an all-time high, having climbed 1783% across the past five years.<\/p>\n<p>However, the price drop was not limited to Nvidia. Rival Advanced Micro Devices (AMD) was down 1.3% in premarket trading, and Intel was down 0.4% at the same time.<\/p>\n<p><em>Featured image: Canva \/ DALL-E<\/em><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/readwrite.com\/nvidia-to-tease-new-b100-chip-at-upcoming-gtc-conference\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Nvidia is set to offer a peek at its new next-generation AI chip at the company\u2019s annual developer conference on Monday (March 18). Around<\/p>\n","protected":false},"author":1,"featured_media":213433,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[152],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/213432"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=213432"}],"version-history":[{"count":3,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/213432\/revisions"}],"predecessor-version":[{"id":337688,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/213432\/revisions\/337688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/213433"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=213432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=213432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=213432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}