The demand for the H100 is so high that customers are waiting up to six months to receive it. This has demonstrated to investors that the hype around generative artificial intelligence is translating into tangible revenue for Nvidia and its key suppliers. Nvidia, established in 1993, has been investing in this market for nearly two decades, anticipating that its chips' parallel processing capabilities would eventually find value in applications beyond gaming.
Key takeaways:
- The H100 data center chip released by Nvidia Corp. in 2023 has transformed businesses and industries, adding more than $1 trillion to Nvidia’s value and establishing the company as a leader in AI.
- The success of the H100 chip has demonstrated to investors that generative artificial intelligence can translate into real revenue.
- The H100 chip, named after computer science pioneer Grace Hopper, is a graphics processor optimized to process large volumes of data and computation at high speeds, making it ideal for training AI models.
- Nvidia, founded in 1993, has been investing in this market for nearly two decades, betting on the value of its chips in applications beyond gaming due to their ability to perform parallel processing.