Nvidia’s new chip and software program bulletins at GTC 2024 will assist decide whether or not Nvidia can preserve its management place because the dominant vendor of the instruments wanted to gas the previous yr’s frenzy round AI. Nvidia dominates the info heart AI chip market, capturing roughly an 80% share final yr.
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Nvidia’s market share is predicted to drop a number of share factors in 2024 as new merchandise from rivals corresponding to Intel and Superior Micro Units hit the market.
Huang is predicted to announce the following technology of AI processors designed by the corporate. The forthcoming B100 chip is predicted to incorporate vital enhancements over its predecessor, the H100.
Although Nvidia is extensively considered a chip designer, the corporate has constructed a major battery of software program merchandise as nicely, and Huang is predicted to unveil a swath of recent merchandise associated to software program on Monday. Nvidia mentioned earlier this yr its software program and companies enterprise had reached an annual run price of $1 billion by the tip of the corporate’s final fiscal yr.
The Santa Clara, California, firm is holding GTC in particular person this yr for the primary time since 2019. It expects roughly 16,000 individuals to attend, about double the final in-person occasion.
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Huang’s keynote handle is ready to happen at a Silicon Valley hockey area at 1:00 p.m. (2000 GMT), the most important venue the corporate has secured for such an occasion.
