NVIDIA manufactures integrated circuits for use in motherboard chip-sets, graphic processing units, and game consoles.
Nvidia Corporation is an American worldwide technology company based in Santa Clara, California. Nvidia manufactures graphics processing units (GPUs), as well as system on a chip units (SOCs) for the mobile computing market. Nvidia’s primary GPU product line, labeled “GeForce”, is in direct competition with Advanced Micro Devices’ (AMD) “Radeon” products.
Many companies are trying to inculcate more internet based features in their products but Nvidia is one company that is opting for a different approach. Internet involvement doesn’t only mean to use internet based technology, or sensors for data tracking rather it also involves making the devices to perform complex actions more quickly. This is exactly where NVIDIA outshines its competitors.
The Internet of things that Nvidia will be using would connect user’s car, home utilities and billions of things that were not connected before to the Internet. In the case of cars it means that along with connecting to the Internet, the cars would also drive themselves, this is what NVIDIA is heading towards.
SoftBank has dumped its $5.83 billion NVIDIA stake to expand its position in OpenAI, a move likely impacting AI tokens.
Circle’s market cap has climbed above $62.9 billion, now surpassing the value of its own USDC stablecoin supply near $61 billion. The surge follows Senate approval of stablecoin regulation legislation.
This week started with a set of chaotic events that raised and crushed the US stock market in less than one hour, thanks to mainstream rumors.