Nvidia CEO Huang Renxun said the company's cooperation with Dell Technologies will spread artificial intelligence to a wider range of customers and help companies and organizations create their own "artificial intelligence factories."
"We want to bring this generative AI capability to every company in the world," he said in a television interview in Las Vegas. Dell is holding a conference in Las Vegas. "It's not just about providing one box, it's about providing the entire infrastructure. This is an extremely complex infrastructure."
Dell is one of the largest providers of computing infrastructure to government agencies and businesses, and Nvidia does not directly serve this market. Although Nvidia's sales have increased significantly over the past year, its growth relies largely on a small group of customers: data center operators known as hyperscale. According to compiled data, Microsoft Corporation, Meta Platforms Corporation, Amazon Corporation and Alphabet Corporation are its largest customers, followed by Dell.
Nvidia's expansion plans depend on letting institutions and companies develop their own artificial intelligence capabilities, thereby stimulating demand for its products. To do this, they need storage, networking and computing equipment provided by Dell, Huang said. That's why it's an important partner, he said.
The CEO is pushing Nvidia deeper into software tools, computer design and artificial intelligence models, helping extend the company's technology to everything from drug discovery to shipbuilding. Michael Dell also said on television that Nvidia was successful because it was good at making the transition to artificial intelligencemajesticmegawaysslotWe are prepared and surpass all competitors in innovation.
Nvidia shares have risen more than 90% so far this year, rising 2.5 percent in New York trading on Mondaymajesticmegawaysslot.8%, to $951.07. Dell shares fell 2.3% to $146.06. The stock has also risen about 90% so far this year.
Nvidia, the most valuable technology company after Microsoft and Apple, is scheduled to release its latest earnings report on Wednesday. Analysts estimate the company's sales rose 243% last quarter. The company's revenue is growing so fast that Nvidia now earns almost as much in a quarter as it did in an annual year two years ago.
Top PC maker Dell on Monday launched a new line of PCs optimized for artificial intelligence tasks. At the same time, Nvidia is the largest seller of so-called artificial intelligence accelerators-processors that are key to developing chatbots and other cutting-edge tools.
Nvidia currently sells graphics chips for personal computers, but not central processing units. Huang declined to say whether the company would eventually produce its own CPUs, a move that would put it in direct competition with Intel, Advanced Micro Devices and Qualcomm.
Before Huang could discuss the possibility of entering the field, Michael Dell interrupted him and said,"Come back next year."