And in 2023, NVIDIA plans to release a third chip, the Grace central processing unit (CPU). These chips offload networking tasks to accelerate and secure workloads like artificial intelligence and supercomputing. Last year, NVIDIA acquired high performance networking specialist Mellanox, expanding its hardware portfolio with a second chip, the data center processing unit (DPU). What is the company doing to grow its business? But we still need to consider the future. NVIDIA has a big market opportunity, a strong competitive position, and an impressive financial history. So far, we've checked several important boxes. Collectively, NVIDIA puts its market opportunity at over $125 billion by 2025. In short, NVIDIA's compute platform is an end-to-end solution for accelerated computing, inclusive of the hardware, software, and systems needed for cutting-edge graphics, complex scientific research, and all forms of artificial intelligence. And the Isaac framework helps engineers build and deploy autonomous machines, like the smart robots in manufacturing and logistics facilities. For instance, the Merlin framework helps developers create intelligent recommender systems, enabling clients like Snap and Postmates to engage consumers with relevant content.
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Originally, these chips were designed to render ultra-realistic gaming graphics, but they now play a critical role in accelerating data center workloads like artificial intelligence and analytics.īeyond hardware, NVIDIA's compute platform also includes an array of GPU-optimized software for AI, HPC, and data science. GPUs parallelize compute intensive code, meaning they can process lots of data very quickly. At the core of its platform is the graphics processing unit (GPU), a chip invented by the company in 1999. NVIDIA specializes in high performance computing (HPC).
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