Nvidia Briefly Tops Amazon in Market Value, Becomes 4th Most Valuable US Company
AI chipmaker Nvidia rises to the 4th spot of America's most valuable companies, topping Amazon.
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AI chipmaker Nvidia rises to the 4th spot of America's most valuable companies, topping Amazon.
The graphics card, the H20, is the most powerful of three Nvidia has been developing for the Chinese market after the US expanded bans on high-end chip exports, aiming to hamper China's ability to develop AI and sophisticated computers for its military.
Yotta said last month that it would place an order for Nvidia chips but did not give a value for the deal or say which chips it would buy.
Sunil Gupta, CEO and co-founder of Yotta, told Reuters on Thursday that the order would comprise nearly 16,000 of Nvidia's artificial intelligence chips H100 and GH200 and will be placed by March 2025.
Nvidia: It was originally scheduled for launch last November but that plan was delayed, with sources telling Reuters at the time that the delay was due to issues server manufacturers were having in integrating the chip.