TMN - Nvidia

Nvidia unveils new EOS supercomputer

On Wednesday, Nvidia Corporation unveiled EOS, a massive supercomputer set to debut in the United States in a few months.

The American multinational technology company named the high-level desktop to the Greek goddess of the dawn.

Accordingly, Eos is under the DGX H100, the firm’s fourth-generation system also launched today.

It operates through the octuple NVLink-connected H100 GPUs, offering high-end AI performance.

Nvidia believed that this latest model would be the world’s fastest AI supercomputer upon its deployment.

The computer will support the business’s internal AI development and software engineering teams. It will also power the production of autonomous vehicles and conversational AI.

At the same time, it will bolster Nvidia-led research projects in areas like climate science and digital biology.

In addition, the firm intends Eos to pave the road for clients to build similarly large systems.

Moreover, it also launched new chips and technologies to bolster the computing speed of increasingly complicated artificial intelligence algorithms.

The company’s update stepped up competition against rival chipmakers battling for lucrative data center business.

It further provided details of new graphic chips (GPU) at the core of AI infrastructure.

It released the H100 chip. Then, it introduced the Grace CPU Superchip, based on British chip firm Arm Ltd’s technology. This new processor is the first Arm-based chip from Nvidia.

The company explained that the new technologies would help reduce computing times from weeks to days. At present, companies use AI and machine learning for a multitude of things.

For example, they utilize the technology from making recommendations for the next video to watch up to new drug discoveries.

After the announcement, Nvidia’s shares plummeted 0.36% or 0.95 points to $264.29 per share on Tuesday’s post-trading.

Since the start of the year, the semiconductor company has traded 11.94% or 35.97 lower.

Nvidia tightens rivalry against Intel, AMD

Analysts emphasized that the latest announcements of Nvidia mirror a significant threat to Intel and AMD in the data center and cloud computing markets.

Intel has been the biggest maker of central processors for data centers in the previous years. However, competition rapidly rises for the thriving market space.

Nevertheless, experts stated that the power consumption of NVIDIA’s H100 chip might inhibit the processor’s broad market appeal.

Regardless, the company’s CFO Colette Kress said that the new chip would push AI computing forward.

She anticipated that the company’s market opportunity would be trillion dollars, from gaming to chips and systems and enterprise businesses.

Nvidia’s open-source software has been a key driver for companies to use its chips. It further plans to monetize its strength even more in the future.

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