Nvidia pursues $30 billion custom chip opportunity with new unit



Reuters exclusively reported that Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence (AI) processors. 

Market Impact

Nvidia’s shares rose 3% on the news.

Article Tags

Topics of Interest: Technology

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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