When AMD launched MI300X at its Advancing AI event, during the presentation Lisa Su, the CEO of AMD, and her colleagues showcased the accelerator’s prowess by comparing it with NVIDIA H100’s inference performance using Llama 2. At the presentation, a single server of AMD which consists of eight MI300X, performs 1.6 times faster than the server of an H100.
But NVIDIA wasn’t happy with the comparison and debunked it. According to a blog post by NVIDIA, contrary to AMD’s p...

U.S. stock indexes fell on Wednesday as a deal to raise the nation's debt ceiling headed for a pivotal vote by lawmakers, while unexpectedly strong labor market data reinforced bets of another interest rate hike by the Federal Reserve.
A bill to lift the $31.4 trillion U.S. debt ceiling and achieve new federal spending cuts made its way to the House of Representatives for debate on Tuesday and an expected vote on passage is due la...

- Nvidia hits record high on upbeat forecast
- Heavyweight AI players, Microsoft, Alphabet rise
- Two ratings agencies put US credit on negative watch
- Indexes close: S&P 500 +0.88%, Nasdaq +1.71%, Dow -0.11%
Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker's stock soaring and fueled a rally in AI-related companies, while investors watched for signs of progress in U.S. debt ceiling tal...

[Rewards] Nvidia spiked on Q1 earnings' jaw-dropping beat, driven by A.I. chip demand
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KEY Figures:
● Q1 revenue was $7.19 billion, down 13% YoY (year-on-year) but up 19% from the previous quarter. Specifically, Data Center revenue was a record, up 14%, led by growing demand for generative AI and large language models.
● Quarterly GAAP net income was $2,043 millio...