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NVIDIA's New AI-Optimized Chips Win Big With Chinese Tech Giants Alibaba, Baidu, and Tencent


NVIDIA's New AI-Optimized Chips Win Big With Chinese Tech Giants Alibaba, Baidu, and Tencent

NVIDIA's (NASDAQ: NVDA) new artificial intelligence-optimized Volta-based graphics processing unit (GPU) accelerators are being adopted by Chinese technology titans Alibaba (NYSE: BABA), Baidu (NASDAQ: BIDU), and Tencent Holdings (NASDAQOTH: TCEHY) for their data-center and cloud-service infrastructures, NVIDIA CEO Jensen Huang announced last week at the company's GPU Technology Conference in Beijing. 

Here's what you should know.

AI is powering NVIDIA's data-center platform growth. Image source: Getty Images.

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Source: Fool.com

Baidu Inc. A ADR Stock

€100.00
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A loss of -1.770% shows a downward development for Baidu Inc. A ADR.
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
As a result the target price of 167 € shows a very positive potential of 67.0% compared to the current price of 100.0 € for Baidu Inc. A ADR.
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