This Week In AI Chips

Nscale and VAST Data have announced a partnership aimed at creating a globally distributed AI cloud infrastructure, utilizing the VAST AI Operating System to support large-scale artificial intelligence workloads. This collaboration will see Nscale expand its reach across Europe and North America, with plans to deploy up to 300,000 NVIDIA Grace Blackwell GPUs. The initiative focuses on enhancing data access and efficiency for enterprise AI applications, driven by a vision for a comprehensive and scalable AI cloud fabric. By integrating renewable-powered data centers and a strategic data layer, the partnership seeks to set a new standard for enterprise AI infrastructure, emphasizing scalability and sustainability.

In other market news, ASE Technology Holding was a notable mover up 10% and closing at NT$247.50. ASE Technology reported a 6.4% increase in quarterly revenue year-over-year just one day ago. At the same time, Montage Technology lagged, down 10.3% to close at CN¥136.30. On Thursday, the company reported a significant increase in nine-month sales and net income compared to the previous year.

NVIDIA’s robust AI-driven growth opportunity presents a compelling case for strategic investment amidst evolving market dynamics. Explore the narrative to understand how Nvidia’s cutting-edge innovations could uniquely position investors.

Don’t miss our Market Insights article on the AI Chips landscape, exploring the precarious nature of circular deals and valuations.

• ASML Holding closed at €937.50 up 2%, close to the 52-week high.

• Intel settled at $40.16 down 2.9%. Intel is in early talks to potentially acquire AI chip startup SambaNova, as reported today.

• Advanced Micro Devices closed at $254.84 down 3.6%, close to the 52-week high. This week, AMD announced a strategic collaboration with Pico, integrating high-performance AMD enterprise solutions to enhance Pico’s hardware ecosystem.

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