Nvidia Down 6% Post-Amazon AWS Show; Global Equities Sees GPU Payoff

By Tiernan Ray Shares of graphics chip titan Nvidia (NVDA) are down $5.40, or almost 6%, at $86.80, which Briefing.com speculates is about negative sentiment following Amazon.com‘s (AMZN) conference in Las Vegas yesterday for its AWS cloud computing service, which suggested some competing chip use versus Nvidia’s GPUs, which have become more and more popular in cloud computing. Amazon mentioned FPGAs for its cloud computing services, such as “machine learning,” which could tend to suggest there might be less reliance on Nvidia’s graphics chips. Amazon like many other firms has made extensive use of GPUs in cloud. But in a note from Global Equities Research’s Trip Chowdhry today, reviewing day two of Amazon’s conference, Chowdhry actually trumpets the many ways in which Nvidia “wins” regardless of how Amazon’s services are architected: WHO IS THE WINNER: Nvidia…


Link to Full Article: Nvidia Down 6% Post-Amazon AWS Show; Global Equities Sees GPU Payoff

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