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NVIDIA’s Stock Party Keeps Booming: AI Powerhouse Soars Past $1,000!

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NVIDIA’s Stock: Hold onto your hats, tech enthusiasts! NVIDIA’s (NASDAQ: NVDA) stock price continues its meteoric rise, reaching a historic milestone this week. Not only did it hit a new all-time high during regular trading, but it surpassed the $1,000 mark for the first time ever in after-hours trading yesterday!

NVIDIA’s Stock: This surge comes on the heels of NVIDIA’s impressive Q1 2024 earnings report, which once again shattered Wall Street’s expectations. The chipmaker’s sales skyrocketed by a staggering 262% year-over-year to a record-breaking $26 billion.

NVIDIA’s Stock: Fueling the Fire: AI Ambitions and a Stock Split

NVIDIA's Stock

Investors have been eagerly anticipating NVIDIA’s future ever since the unveiling of their groundbreaking Blackwell chip back in March. This excitement surrounding NVIDIA’s ambitious plans in the realm of Artificial Intelligence (AI), including the concept of AI factories, is a major driver of the stock’s remarkable performance.

NVIDIA’s Stock Party Keeps Booming: AI Powerhouse Soars Past $1,000!Adding further fuel to the fire is the upcoming 10-to-1 stock split scheduled for June. This move is expected to make NVIDIA shares more accessible to a wider range of investors, potentially leading to further growth.

NVIDIA & Microsoft Team Up to Supercharge AI Performance on Windows PCs

NVIDIA & Microsoft Team Up to Supercharge AI Performance on Windows PCs
NVIDIA & Microsoft Team Up to Supercharge AI Performance on Windows PCs

Exciting news for gamers, creators, and developers! NVIDIA and Microsoft are joining forces to unlock the full potential of AI on Windows PCs. Here’s what you need to know:

Faster AI for Everyone:

  • Up to 3x faster large language models (LLMs) thanks to optimizations in ORT (ONNX Runtime) and DirectML. This means AI assistants, chatbots, and other LLM-powered features run smoother than ever.
  • Web developers rejoice! Web apps can now leverage the power of NVIDIA RTX GPUs through WebNN with DirectML. This opens the door for innovative AI functionalities within web applications.
  • Native PyTorch support: Developers can now train and run complex AI models directly on Windows using PyTorch with DirectML execution backends.
  • Copilot+ PCs on the horizon: These powerful machines, equipped with efficient RTX GPUs, will offer a perfect blend of performance and power consumption for tackling demanding local AI tasks alongside Microsoft’s new Copilot+ features.
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Enhanced Experiences across the Board:

  • Gamers: Experience smoother gameplay with NVIDIA DLSS boosting frame rates by up to 4x. Plus, NVIDIA ACE adds life to in-game characters with AI-powered dialogue, animation, and speech.
  • Content Creators: Automate tedious tasks and streamline workflows with AI-powered tools in popular software like Adobe Premiere, Blackmagic Design DaVinci Resolve, and Blender. RTX empowers you to bring your creative visions to reality with features like 3D denoising, accelerated rendering, and even text-to-image and video generation.
  • Game Modders: RTX Remix, built on the NVIDIA Omniverse platform, offers AI-powered tools to create stunning RTX remasters of classic PC games. Effortlessly capture game assets, enhance materials with AI, and integrate full ray tracing.
  • Livestreamers: Take your broadcasts to the next level with NVIDIA Broadcast’s high-quality AI background removal and noise reduction. Additionally, NVIDIA RTX Video provides AI-powered upscaling and auto-HDR to enhance your streamed video quality.
  • Developers: Build and fine-tune AI models directly on your RTX AI PC using NVIDIA’s powerful developer tools like NVIDIA AI Workbench, cuDNN, and CUDA on Windows Subsystem for Linux. You also have access to a vast ecosystem of RTX-accelerated frameworks and SDKs like TensorRT, Maxine, and RTX Video.
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The Future of AI on Windows is Bright:

This collaboration between NVIDIA and Microsoft unlocks a world of possibilities for gamers, creators, and developers. Faster LLMs, new AI capabilities for web development, and enhanced experiences across all user types mark a significant leap forward in AI performance on Windows PCs.

NVIDIA’s Stock Party Keeps Booming

This is just the beginning for NVIDIA! With the AI boom far from over and a constant stream of innovation, the future looks bright for this tech titan. So, buckle up and keep an eye on NVIDIA’s exciting journey as it continues to reshape the technological landscape.

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