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.
Source: Fool.com
Baidu Inc. A ADR Stock
€100.00
-1.770%
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.