Nvidia GTC 2023: Upcoming AI Chips and Quantum Computing Insights

In This Story All attention will be on Nvidia’s (NVDA+4. 51%) GPU Technology Conference happening this week, where the company is set to introduce its latest artificial intelligence chips. Nvidia CEO Jensen Huang revealed that he will provide further details about the forthcoming Blackwell Ultra AI chip, the Vera Rubin platform, and future product plans during the annual conference, commonly referred to as GTC, during the company’s fiscal fourth quarter earnings call. Advertisement During the earnings call, Huang mentioned that Nvidia has “some really exciting things to share” at GTC regarding enterprise and agentic AI, reasoning models, and robotics. Advertisement Last year at GTC, the chipmaker launched the highly anticipated Blackwell AI platform, which has “successfully ramped up” large-scale production and generated “billions of dollars in sales in its first quarter, ” according to Huang. Advertisement Bank of America (BAC+3. 05%) analysts noted in a report on Wednesday that they “expect Nvidia to present appealing yet anticipated updates on Blackwell Ultra, ” particularly regarding inferencing for reasoning models, a field where major companies like OpenAI and Google are in a competitive race. The financial analysts also expect the chipmaker to provide more insights on its next-generation networking technology and long-term prospects in autonomous vehicles, physical AI such as robotics, and quantum computing. In January, Nvidia announced plans to host its inaugural Quantum Day at GTC, featuring executives from D-Wave and Rigetti (RGTI+26. 51%) to discuss the future of quantum computing.
The company mentioned it will reveal quantum computing “advances that are shortening the timeline to applicable applications. ” That same month, quantum computing stocks suffered a decline after Huang expressed skepticism about the near-term potential of the technology during the chipmaker’s financial analyst day at the Consumer Electronics Show, stating that practical quantum computers are probably decades away. Advertisement
Brief news summary
This week, excitement surrounds Nvidia's GPU Technology Conference (GTC), where the company is set to launch its latest AI chips, including the Blackwell Ultra and Vera Rubin platform. CEO Jensen Huang will share insights during the fiscal fourth quarter earnings call, focusing on enterprise AI, reasoning models, and robotics. Last year's GTC saw the successful debut of the Blackwell AI platform, exceeding sales and production expectations. Analysts from Bank of America are eager for updates on Blackwell Ultra's inference capabilities, especially given increasing competition from OpenAI and Google. The conference will also address advancements in networking, autonomous vehicles, robotics, and quantum computing. A key event will be Nvidia's first Quantum Day, featuring discussions with D-Wave and Rigetti on quantum technology advancements, despite Huang's prior skepticism about its near-term potential.
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