Nvidia Corporation (NASDAQ:NVDA) is always set on overcoming the next big computing obstacle. This week sees all the praise and burns of that focus take center stage. The company will be the brains behind your self-driving car, bring its Volta launch into the current year and work with Facebook to train and hone AI app developers. From stock shifts to deep learning, here is a quick look at the tech corporation’s news week so far.
NVIDIA builds next-generation self-driving cars
Self-driving cars need to be data centers on wheels, and Nvidia Corp. is set on making that a reality. The US processor company is teaming up with Bosch, a German auto parts giant, in a venture that will see the two firms usher in the next generation of self-driving cars. Its sees a future where autonomous vehicles hold supercomputer-like capacities.
We have seen the tech company forge the future like this before with overwhelming success. The chipmaker always has its finger on the pulse of what’s next. And Relying on a good network connection for GPS, informed updates on road activity and other information that your self-driving car may need can be an unsettling thought.
Jen-Hsun Huang, the company’s CEO, directed several billions into the development of deep-learning algorithms and sophisticated silicon. That was far before the latter reached commercial viability too. His vision came to fruition in the form the Nvidia Drive PX, which features on the current Tesla EVs.
“The Bosch deal ups the ante,” writes Forbes’ Jon . “It pushes Nvidia technology beyond upscale electric cars, into the mainstream… It also pushes another envelope,” Markman added. “The new supercomputers will feature Nvidia’s Xavier AI-on-a-chip architecture. The company the company claims it’s capable of 20 trillion operations per second. That kind of oomph on board negates the need to been most of the complex computation for self-driving to the cloud.”
Shares are just taking a dip
“We believe consensus is under-appreciating a slowdown in gaming,” Nomura Instinet’s Romit Shah wrote in February. The analyst believes that “investors should recognize that the market’s enthusiasm for Nvidia’s businesses is historically short-lived.” Comments like those pushed the chip giant down more than 9 percent to a poor three-month low earlier this year.
Nvidia doesn’t look too hot when it comes to its shares lately. The chip maker saw a magnificent 2016 with its stock more than tripling in value between May and December. Once 2017 settled in, the shares began to move sideways. Today, Nvidia goes for almost 19 percent below its $120.92 all-time peak.
There are a few clear reasons behind the company’s stock deflation. One of these is its rapid spike over a relatively brief period last year. The was very little to suggest that the company’s newly discovered growth spurt would slow down anytime soon. Revenue saw great gains with every quarter last year, jumping from a percentage climb in the teens to 50 percent after Q2. The markets became unfriendly to NVidia (NASDAQ:NVDA) moving into this year, resulting in a few hurtful downgrades.
But a turn-around is imminent, according to Sangara Narayanan. More details on Narayanan’s take here.
Volta comes this fall
The Pascals secured great successes for Nvidia after the company pushed out consumer cards based on the chipset back in May 2016. Pascal got a few expected revamps too but Nvidia has hit the ceiling in terms of this chip line-up. Now Volta has all of the chipmaker’s focus: the company’s incoming architecture.
Volta was initially thought to be coming our way next year. However, if some reports are to be trusted, then we can expect the product to land sometime in Fall this year.
“It wouldn’t be entirely unfounded though,”” argues Alessandro Barbosa. “AMD are gearing up to launch Vega in and around that timeframe, so this could be a shrewed move by Nvidia. AMD won’t be attempting to compete with Volta at this point, so a brand new generation of architecture could certainly take the wind out of the sales of their launch.” Whether Nvidia needs to hasten a hardware launch this drastically just to compete on two different fronts is not clear. Barbosa says it’s not impossible.
NVIDIA preps next-gen software devs
Of course, what is Nvidia (NASDAQ:NVDA) without a few AI ventures? We learned this week that the company is joining forces with Facebook to advance the artificial intelligence space. Caffe2, the open-source deep-learning framework was recent recently pushed out for developers. Facebook and Nvidia plan to develop large-scale training scenarios and build several machine learning applications for relevant devices.
Caffe2 is a deep learning framework. According to the chip company, it allows “near-linear scaling of deep learning training with 57x throughput acceleration. The framework is tethered to eight networked Facebook Big Basin AI servers along with 64 Nvidia Tesla P100 GPU accelerators. Program creators should be able to learn and create AI models better than ever, the chipmaker insists.
“As part of Facebook and Nvidia’s collaboration, the NVIDIA DGX-1 AI supercomputer will be the first AI system to offer Caffe2 with a software stack for deep learning. The collaboration also means Caffe2 takes full advantage of the NVIDIA GPU deep learning platform and it uses the latest NVIDIA deep learning SDK libraries. These libraries include cuDNN, cuBLAS and NCCL. With these libraries, users can focus on developing their AI-powered applications, according to Nvidia.”