WM - Wall Street Lunch: New AI Chips Are Here
2024-06-03 12:50:00 ET
Summary
- Nvidia to rollout Blackwell Ultra chip and next-gen platform "Rubin"; AMD unveils its latest AI processors and provides a roadmap to develop AI chips.
- Economic activity in the U.S. manufacturing sector contracted for a second straight month in May.
- Sell-in-May-and-go-away proved to be bad advice this year - Goldman Sachs.
Listen below or on the go on Apple Podcasts and Spotify
Nvidia , AMD and Arm provide updates on their AI processor plans. (0:16) NYSE trading glitch show Berkshire Hathaway down 99%. (1:45) JPMorgan weighs in on the restaurant sector. (2:52)
This is an abridged transcript of the podcast.
Our top story so far. The AI chip war heats up. Over the weekend, Nvidia ( NVDA ) announced plans to improve its artificial-intelligence accelerators with next year’s rollout of the Blackwell Ultra chip and a next-generation platform called Rubin in 2026 ....
Wall Street Lunch: New AI Chips Are Here