Microsoft, the second largest cloud provider, has followed Amazon's lead and made strides in chip development. In 2023, the company designed its own systems called Sidekicks to cool the Maia AI chips it developed.

GB200 UltraServers with custom cooling solution for Nvidia GPUs used in AI workloads, surpassing other companies in thermal support.

Some of the largest technology stocks are trading at historically cheap valuations as earnings season starts back up. Continue reading this article with a Barron’s subscription

The new UltraServer instance, dubbed Amazon EC2 P6e-GB200 UltraServers, has either 36 or 72 Nvidia Blackwell GPUs within one NVLink domain, and can offer up to 360 petaflops of FP8 compute and 13.4TB of total high bandwidth memory (HBM3e).

A day after Nvidia set a new record by reaching a $4 trillion market cap, at least three Wall Street analysts issued new reports that rated the stock a buy, according to Bloomberg data. The bulls pointed to Nvidia’s role as the premier chipmaker and the fact that compared to its fundamentals, the stock is still trading at a fair price.

Nvidia Corp. became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.

SAN FRANCISCO (AP) — Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.

Merit Medical Systems said it expects second-quarter revenue of $380 million to $384 million, better than analysts’ forecasts of $372.5 million, and named Martha Aronson as chief executive and president. She will succeed Fred Lampropoulos, who founded the company in 1987 and has been chief executive since then.

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