By Max A. Cherney and Stephen Nellis
(Reuters) – Nvidia Chief Executive Jensen Huang will give the keynote speech at CES in a while Monday and is more likely to unveil new online game chips and element efforts to leverage the corporate’s success in synthetic intelligence in different markets exterior of information facilities.
Huang sometimes makes use of CES as a platform to announce new online game chips and unveil a flurry of recent plans to broaden its synthetic intelligence enterprise.
CES 2025, previously often called the Consumer Electronics Show, will happen Jan. 7-10 in Las Vegas and is used to showcase merchandise starting from new automotive expertise to quirky devices, in addition to showcasing new methods of utilizing synthetic intelligence.
Nvidia shares closed at a report excessive of $149.43 on Monday, taking their valuation to $3.66 trillion, making it the world’s second-largest publicly traded firm after Apple.
Nvidia’s booming valuation comes from the fast development of its knowledge heart enterprise, the place firms like OpenAI use its chips to develop AI expertise. Analysts anticipate this a part of Nvidia’s enterprise to achieve $113 billion in gross sales this fiscal 12 months, in response to LSEG knowledge. That’s greater than double the $47.5 billion determine in fiscal 2024.
Nvidia nonetheless has a large shopper enterprise that sells graphics processing models to PC avid gamers, a enterprise that analysts anticipate will attain $11.77 billion this 12 months. Nvidia remains to be a pacesetter within the gaming chip market, the place it competes with Advanced Micro Devices and, to a lesser extent, Intel.
Last 12 months, Nvidia unveiled its Blackwell AI server structure at its March developer convention. Its new line of graphics processing models (GPUs) will probably be based mostly on comparable Blackwell expertise. New online game graphics chips sometimes boast improved efficiency and picture high quality.
Nvidia can also be more and more making an attempt to translate its knowledge heart management into the broader PC market, positioning its gaming chips as helpful in enterprise PCs and laptops to deal with AI work corresponding to chatbots and “brokers” that may assist to hold out enterprise actions.
That places the corporate in direct competitors with firms like Intel and Qualcomm, that are hoping that AI options may spark a brand new spherical of PC upgrades.
Huang is scheduled to take the stage at 9:30 pm ET.
(Reporting by Max Cherney and Stephen Nellis in San Francisco; Editing by Matthew Lewis)
