NVDA: Nvidia Unveils GB200 Grace Blackwell Superchip in Bet to Boost Computing Power

Nvidia stock didn’t show much enthusiasm, dropping about 2% in after-hours trading, following the company’s announcement.

Key Points:

• Nvidia unveiled its new Blackwell chip.
• Jensen Huang praised the new product.
• Shares dropped 2% in after-hours trading.
• Chipmaking giant Nvidia NVDA is changing the rules of the game once again. During the first session of its four-day GTC developers’ event, Nvidia wasted no time and unveiled its latest AI chip, redefining speed, power, and dominance. Chief executive Jensen Huang revealed the GB200 superchip combining two of the brand-new Blackwell graphics processing units with the existing Grace central processing unit.
• The result is a whopping 208 billion transistors, dwarfing the 80 billion in last year’s H100 chips. Computing power is in for an overhaul—the new superchip can boost performance by up to 30 times for large language model inference workloads. Huang praised the new product, saying “the inference capability of Blackwell is off the charts,” noting that there was “unbelievable excitement” about it.
• After the event concluded, shares of Nvidia had already closed regular trading and drifted about 2% to the downside in off-hours dealmaking. The company’s stock has been on a relentless climb to higher grounds, boasting an increase of 84% so far this year as markets have celebrated its stellar earnings results.