Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Nvidia CEO says company has plans for desktop chip designed with MediaTek

by
January 7, 2025
in Economy
0
Nvidia CEO says company has plans for desktop chip designed with MediaTek

By Stephen Nellis

(Reuters) -Nvidia Chief Executive Jensen Huang said on Tuesday that MediaTek will be able to sell the desktop central processor chip the two companies unveiled earlier this week and that Nvidia (NASDAQ:NVDA) has undisclosed future plans for the chip.

On Monday at CES 2025, Nvidia unveiled a desktop computer called Project DIGITS. The machine uses Nvidia’s latest “Blackwell” AI chip and will cost $3,000, but it also contains a new central processor, or CPU, on which Nvidia worked with MediaTek to create.

Responding to an analyst’s question during an investor presentation, Huang said Nvidia tapped MediaTek to co-design an energy-efficient CPU that could be sold more widely.

“Now they could provide that to us, and they could keep that for themselves and serve the market. And so it was a great win-win,” Huang said.

Reuters has previously reported that Nvidia is working on a CPU for personal computers that would challenge Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD) and Qualcomm (NASDAQ:QCOM), which currently dominate the market for computers used by consumers and businesses.

The Project DIGITS computer is not yet a mass-market device. It runs a Linux-based operating system from Nvidia that is used by AI developers, and Huang told analysts those developers are Nvidia’s target market with Project DIGITS.

But Huang said Nvidia has further plans for its desktop CPU that he declined to disclose.

“What else can I do with it? I’m gonna have to wait to tell you that,” Huang said. “You know, obviously we have plans.”

This post appeared first on investing.com
Previous Post

After-hours movers: Flutter Entertainment, DraftKings, Cal-Maine Foods, and more

Next Post

Spiking yields puncture risk appetite, Japan warns on yen

Next Post
Spiking yields puncture risk appetite, Japan warns on yen

Spiking yields puncture risk appetite, Japan warns on yen

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
China expands scope of consumer trade-ins for home appliances

China expands scope of consumer trade-ins for home appliances

January 8, 2025
Rolls-Royce to invest $376 million in UK plant to focus on bespoke cars

Rolls-Royce to invest $376 million in UK plant to focus on bespoke cars

January 8, 2025
Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

January 3, 2025
Anne Wojcicki to buy back 23andMe and its data for $305 million

Anne Wojcicki to buy back 23andMe and its data for $305 million

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Anne Wojcicki to buy back 23andMe and its data for $305 million

Anne Wojcicki to buy back 23andMe and its data for $305 million

June 16, 2025
Could private security contractors be the ‘day after’ solution in Gaza?

Could private security contractors be the ‘day after’ solution in Gaza?

June 16, 2025
Trump’s Energy Department is taking back our home appliances from berserk bureaucrats

Trump’s Energy Department is taking back our home appliances from berserk bureaucrats

June 16, 2025
Trump endorses House freshman for reelection less than six months into the lawmaker’s congressional tenure

Trump endorses House freshman for reelection less than six months into the lawmaker’s congressional tenure

June 16, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Anne Wojcicki to buy back 23andMe and its data for $305 million

    Anne Wojcicki to buy back 23andMe and its data for $305 million

    June 16, 2025
    Could private security contractors be the ‘day after’ solution in Gaza?

    Could private security contractors be the ‘day after’ solution in Gaza?

    June 16, 2025
    Trump’s Energy Department is taking back our home appliances from berserk bureaucrats

    Trump’s Energy Department is taking back our home appliances from berserk bureaucrats

    June 16, 2025
    Trump endorses House freshman for reelection less than six months into the lawmaker’s congressional tenure

    Trump endorses House freshman for reelection less than six months into the lawmaker’s congressional tenure

    June 16, 2025

    Top News

    Anne Wojcicki to buy back 23andMe and its data for $305 million

    Anne Wojcicki to buy back 23andMe and its data for $305 million

    June 16, 2025
    Could private security contractors be the ‘day after’ solution in Gaza?

    Could private security contractors be the ‘day after’ solution in Gaza?

    June 16, 2025

    Latest News

    • Anne Wojcicki to buy back 23andMe and its data for $305 million
    • Could private security contractors be the ‘day after’ solution in Gaza?
    • Trump’s Energy Department is taking back our home appliances from berserk bureaucrats

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.