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Stockreport

Alibaba, China Telecom launch AI data center powered by domestic chips [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The facility, located in Shaoguan in Guangdong province, will feature 10,000 of Alibaba's Zhenwu chips designed for AI training and inferencing. The data center can support AI models with hundreds of billions of parameters and is expected to expand to a scale of 100,000 chips. Alibaba designs chips through its T-head unit. The Hangzhou-based company is one of China's largest cloud computing players and sells AI models through its cloud computing division, which has been among its fastest-growing businesses in recent quarters. China Telecom and Alibaba said the computing cluster can be used in industries from healthcare to advanced materials. The launch comes as Chinese firms accelerate efforts to develop domestic chip alternatives. The U.S. has restricted China's access to key semiconductor technology, including AI chips from Nvidia. Last month, a computing cluster built with Huawei's Ascend 910C AI chips went online in China. Related articles Alibaba, China Telecom launc [Read more]
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Stockreport

Alibaba, China Telecom launch AI data center powered by domestic chips [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The facility, located in Shaoguan in Guangdong province, will feature 10,000 of Alibaba's Zhenwu chips designed for AI training and inferencing. The data center can support AI models with hundreds of billions of parameters and is expected to expand to a scale of 100,000 chips. Alibaba designs chips through its T-head unit. The Hangzhou-based company is one of China's largest cloud computing players and sells AI models through its cloud computing division, which has been among its fastest-growing businesses in recent quarters. China Telecom and Alibaba said the computing cluster can be used in industries from healthcare to advanced materials. The launch comes as Chinese firms accelerate efforts to develop domestic chip alternatives. The U.S. has restricted China's access to key semiconductor technology, including AI chips from Nvidia. Last month, a computing cluster built with Huawei's Ascend 910C AI chips went online in China. Related articles Alibaba, China Telecom launc [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS