Nvidia's Move and Success

According to TapTechNews on June 27th, as reported by the Taiwanese media Economic Daily, Nvidia held a shareholders' meeting yesterday, and shareholders approved CEO Jensen Huang's compensation of 34.2 million US dollars (currently about 249 million Chinese yuan).

Jensen Huang stated at the shareholders' meeting that Nvidia has shifted its focus from gaming to data (AI), and the company seeks to create new markets for AI, such as in the field of industrial robots, and will cooperate with various computer manufacturers and cloud service providers to achieve the goal.

Jensen Huang particularly mentioned Blackwell, saying: Blackwell may be our most successful product ever, and it may also be the most successful product in the history of computing. Blackwell will be adopted by every major cloud service provider, the server industry, and leading AI companies, including Amazon, Google, Meta, Microsoft, OpenAI the developer of ChatGPT, Tesla, and Elon Musk's new startup company xAI.

According to TapTechNews' previous reports, Nvidia released its strongest AI accelerator card, the GB200, using the Blackwell architecture at the GTC Developer Conference in March. The news said that currently the chip is in short supply.

Jensen Huang also mentioned that Nvidia's AI chips have the lowest total cost, meaning that although the chip prices of other manufacturers may be lower than Nvidia's, considering the performance and cost of operation, using Nvidia chips is more cost-effective.