Nvidia Announces New Chips at CES 2024, the AI Stock Soars

Jan 09, 2024

Nvidia Announces New Chips, the AI Stock Soars

Shares of Nvidia (NVDA) were up 5.4% today after the company made a series of major announcements at this year’s Consumer Electronics Show (CES), showcasing its continued dominance in the world of artificial intelligence (AI).

The AI stock began its ascent early this morning, even before the CES presentation, as investors anticipated new offerings from the chipmaking company. During their presentation, Nvidia unveiled an impressive lineup of new chips, including ones specifically designed for generative AI technologies, PCs, and gaming.

One of the most highly-anticipated releases was the debut of Nvidia’s GeForce RTX 40 Super series of desktop graphics cards. This lineup includes the high-end RTX 4080 Super, RTX 4070 Ti Super, and RTX 4070 Super. Nvidia is marketing the new cards as powerful tools for gaming, as well as for AI applications.

The RTX 4080 Super boasts 80 processing units with 10,240 CUDA cores, a serious upgrade from its predecessor, the RTX 4080, which only had 76 processing units and 9,984 CUDA cores. Additionally, the RTX 4080 Super has 4 more compute blocks and a faster effective memory speed of 23,000 Mbps (600 Mbps faster than the RTX 4080).

Nvidia claims that when paired with their AI-powered Deep Learning Super Sampling (DLSS), these performance gains become even more significant.

Nvidia is positioning these new chips as powerful options for AI PCs, which are becoming increasingly popular in both consumer and enterprise markets. These devices allow users to run AI applications directly on their own devices without relying on cloud services. This not only offers greater privacy and security for users but also opens up a whole new world of possibilities for AI development.

In addition to the hardware announcements, Nvidia also revealed several new partnerships with major companies in various industries. Amgen will be using Nvidia’s generative AI tools for drug discovery and data insights, while Getty Images will utilize Nvidia’s Picasso for a new image generation service. 

Moreover, with the rise of autonomous vehicles, Nvidia also partnered with Li Auto to integrate their AI capabilities, which could boost the AI stock even higher.

Subscribe Our Newsletter

When_To_Purchase_Micron

Milena

When to Purchase Micron Stock Despite Bearish News

Micron stock is falling as a result of the company's gloomy report. However, there are a few safe strategies to be aware of.

Companies
FTSE Falls As New Covid Restrictions Imposed In England
FTSE Falls As New Covid Restrictions Imposed In England

Equity markets in Europe fell on Thursday as England prepared to implement its COVID Plan B amid worries of an increase in Omicron infections.

Stocks
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Anna

Explaining The Concept of Copy Trading
Trading can be overwhelming, especially if you are new to it. However, copy trading can help you gain profits without having extensive experience and knowledge.

discover
What is a Token Maker? – Creating Your Own Crypto Token Without Coding Skills

Alexander

What is a Token Maker? – Creating Your Own Crypto Token Without Coding Skills

In the world of blockchain technology, tokens serve as a means of representing various assets and features. Today, there are over 22,900 cryptocurrencies in existence (though many of them are inactive or not valuable), and more tokens are created every day as more and more crypto projects are introduced.

Investing
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiriesb2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Hazem

    MetaTrader vs cTrader: Which Trading Platform Shall You Choose?

    MetaTrader vs cTrader: The Full Breakdown

    Сonstantine

    Will Dogecoin Reach $1? Tokenomics and Price Analysis

    Will Dogecoin Reach 1 Dollar Analysis

    Сonstantine

    How to Get a Crypto Exchange License?

    How to Get Crypto Exchange License

    Сonstantine

    Best Crypto to Buy Now: Guide for Investors

    Best Crypto To Buy Now

    Hazem

    Grok vs ChatGPT: What’s the Best AI Assistant You Need in 2025

    Grok vs ChatGPT

    Сonstantine

    How to Choose the Right Liquidity Provider for Your Brokerage

    How to Choose the Right Liquidity Provider for Your Brokerage

    Сonstantine

    Low-Latency Trading Defined: Speed, Strategy and Technology

    Low-Latency Trading Explained

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.