Summary
Nvidia announced plans to build seven supercomputers for the U.S. Department of Energy (DOE). These supercomputers will help with nuclear weapons maintenance and alternative energy research. Nvidia also announced new deals, including investments in Nokia and partnerships with Palantir and Uber.
Key Facts
- Nvidia will build seven new supercomputers for the U.S. Department of Energy.
- These supercomputers will support nuclear weapons and alternative energy research.
- Nvidia has $500 billion in bookings for its AI chips.
- The company announced a $1 billion investment for a 2.9% stake in Nokia.
- Nvidia introduced a new product line called Arc for telecommunications.
- Nvidia's partnership with Palantir focuses on commercial logistics solutions.
- Nvidia announced a self-driving car platform, Hyperion, in partnership with Uber.
- Nvidia's shares increased by 3.3% following the announcements.
