Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources

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Nvidia (NVDA) reportedly planning to launch custom chipmaking unit - report

February 9, 2024 7:51 AM EST

According to Reuters, Nvidia (NASDAQ: NVDA) is launching a new division aimed at designing custom-made chips for cloud computing entities and other sectors, including cutting-edge AI processors.

NVDA rose 1% in premarket trading Friday.

This move represents a part of Nvidia's effort to seize opportunities in the booming custom AI chip market... More