Oracle Launches Zettascale AI Supercomputer with Nvidia Blackwell Chips
In a groundbreaking move, Oracle (NYSE:) has announced the availability of the world’s first “zettascale” AI supercomputer, powered by up to 131,072 Nvidia (NASDAQ:) Blackwell chips. The news sent shockwaves through the tech industry, with Nvidia CEO Jensen Huang revealing at a recent Goldman Sachs conference that demand for their Blackwell chips is so high that some customers are getting “emotional.” As a result, Nvidia’s stock price surged by 8.3% on the announcement day and continued its upward trajectory with a 1.92% increase the following day.
These developments align perfectly with our prediction of a technology-driven productivity growth boom in the US, as outlined in our Roaring 2020s scenario. The latest advancements from Oracle further reinforce our confidence in the forward earnings potential of tech giants like Nvidia, dispelling any comparisons to the irrational exuberance of the dotcom bubble era.
For more details on this groundbreaking announcement, you can refer to the original post here.
Analysis: This article highlights Oracle’s groundbreaking launch of a zettascale AI supercomputer utilizing Nvidia Blackwell chips, which has sparked significant excitement in the tech industry. The surge in Nvidia’s stock price following the announcement reflects the strong demand for their cutting-edge chips. These developments signal a bright future for tech companies like Nvidia and align with our prediction of a technology-driven productivity growth boom in the US. Investors should take note of these advancements and consider the potential impact on their investment portfolios.