Nvidia has announced its next generation of artificial intelligence supercomputers. Nvidia CEO Jensen Huang announced the launch of a "very powerful" new generation of AI chips: Blackwell GPU. He said many organizations are expected to adopt Blackwell, such as Amazon Web Services, Dell, Google, Meta, Microsoft, OpenAI, Oracle, Tesla, and XAI. Blackwell supports the construction of real-time generative AI.

Nvidia has risen 5% and is now priced at $915.54. Nvidia will hold the GTC 2024 conference from March 18th to 21st, announcing the latest breakthroughs in accelerated computing, generative AI, and robotics.

Nvidia (NVDA.O) rose 3.4% in pre-market trading on Friday, making it likely to rise for the seventh consecutive trading day, the longest streak since November last year. As there are no signs of a decrease in demand for artificial intelligence chips, the market value of the chip manufacturer has increased by over 1 trillion dollars so far this year. Currently, Nvidia's (NVDA.O) total market value is about 2.32 trillion dollars, while Apple's market value has shrunk to 2.61 trillion dollars.

The US stock market opened with the Dow up about 240 points, the S&P 500 index up 1.39%, and the Nasdaq up 2.05%. Nvidia (NVDA.O) surged more than 11% after its earnings report, reaching a new all-time high.

Nvidia (NVDA.O) rose more than 3.2%, with the stock price reaching $500 and hitting a new intraday high.

Nvidia, a U.S. chipmaker, will begin mass production of its H20 artificial intelligence (AI) chip for China in Q2 2024. The H20 chip is the most powerful of three China-focused chips developed by Nvidia, but its initial production volume will be limited and prioritized for major customers. Chinese companies have been hesitant to purchase the downgraded H20 and have explored domestic alternatives due to concerns about potential U.S. restrictions. To regain its position in China, Nvidia plans to release two more chips, the L20 and L2, which comply with new regulations but have reduced computing power.

Chip manufacturer NVIDIA will officially launch the GeForce RTX 4090 D gaming graphics card in the Chinese market. Previously, high-end gaming graphics cards affected by the US government's new chip export regulations included the RTX 4090. The GeForce RTX 4090 D is a product specifically launched by NVIDIA to respond to the latest export control measures of the US government, and an NVIDIA spokesperson stated in an email that "the design of the GeForce RTX 4090 D complies with the US government's export control and will only be sold in China."

Nvidia has reported a record third quarter revenue of $18.12 billion, with a market cap of $1.22 trillion. The company's earnings have increased by 34% over the last quarter and 206% over Q3 2022. Nvidia's CEO, Jensen Huang, attributed the growth to AI hardware sales, with AI startups, consumer internet companies, and cloud service providers being the "first movers." However, the recent partial ban on chip exports to certain countries, including China, may cause the company's business in China to decline significantly in the fourth quarter, but Nvidia believes those losses will be offset by strong growth in other regions.

Microsoft and Nvidia stocks both hit all-time highs on Nov. 20, with Microsoft's surge potentially attributed to the hiring of former OpenAI CEO Sam Altman. Altman was recently ousted from OpenAI, but has reportedly agreed to head up a new AI division at Microsoft. Both Microsoft and Nvidia have seen significant growth in recent years due to the explosion of the AI field, with other notable AI stocks also demonstrating high yield performance. However, Altman's status at Microsoft and the Nov. 20 highs' potential to rise, hold, or falter remain uncertain.

Nvidia has partnered with Masterpiece Studio to release Masterpiece X, a new application that aims to revolutionize 3D modeling. The software utilizes generative AI and can be used in the cloud with no local hardware or software required. While the software is not yet perfect, it shows vast potential and exciting advancements on the horizon. However, Nvidia faces geopolitical hurdles that threaten its dominance in hardware, particularly with the US government's efforts to tighten restrictions on AI chip exports to China.