Meta is Investing Billions of Dollars in NVIDIA Chips and Wants to Have 350,000 H100 AI Chips and 600,000 Equivalents by the end of the Year. This Illustrates the AI Chip Boom!
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The UBS AI bull case is underpinned by Zucker's statements that they want to have a good 350K H100 chips and 600K equivalents by the end of 2024. NVIDIA and AMD are two top beneficiaries of the acquisition of AI chips. Mark Zuckerberg emphasized in a post yesterday (Thursday) just how important the AI era will be for large companies. "Our long-term vision is to develop general intelligence and make it available as open source in a responsible way so that everyone can benefit from it," he said, formulating Meta's goal. "We are currently...
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