Investors can also buy the three stocks through concentrated exchange-traded funds or diversified funds.
In the wake of Nvidia 's launch of powerful new artificial intelligence chips, Goldman Sachs is predicting major growth for memory chips used in AI systems. Called Blackwell, the new GPU chips from Nvidia that power AI models require the latest third-generation memory chips, also known as high-bandwidth memory . The investment bank expects the total addressable market for HBM to expand tenfold to $23 billion by 2026, up from just $2.3 billion in 2022.
" Investors have been cautious about the memory market for AI systems since all three major suppliers are due to expand manufacturing capacity and add downward pressure on profit margins. However, Goldman analysts believe challenges like larger chip sizes and lower production yields for HBM compared with conventional DRAM memory chips are likely to keep supply tight in the near future. The Wall Street bank is not alone in its view.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock futures little changed as investors digest news from Nvidia's AI conference: Live updatesThe Federal Reserve begins its March meeting on Tuesday. Investors don’t expect the central bank to change the current path of monetary policy at the…
Read more »
Stock futures are little changed as investors digest news from Nvidia's AI conference: Live updatesThe Federal Reserve begins its March meeting on Tuesday. Investors don’t expect the central bank to change the current path of monetary policy at the…
Read more »
All the big Nvidia calls after AI conference: Goldman raises target to $1,000, JPMorgan sees 'dominance'Nvidia CEO Jensen Huang's keynote at the company's blockbuster GTC Conference is giving Wall Street more reason to stay bullish on the chipmaking behemoth.
Read more »
What to know about this AI stock with ties to Nvidia up nearly 170% in 2024Investors may want to keep an eye on this AI voice stock with ties to Nvidia that is up almost 170% in 2024.
Read more »
Nvidia Stock Falls After US NFP Data Disappoints MarketNvidia stock fell more than 5% on Friday after the US Nonfarm Payrolls (NFP) data for February distressed the market. February hiring was ahead of consensus, but January data saw a large-scale revision lower, while the Unemployment Rate rose to match the two-year high at 3.9%.
Read more »
Nvidia stock dips after company unveils latest AI chipsNvidia shares dipped 3% on Tuesday morning after the company unveiled its new generation of artificial intelligence chips, called Blackwell.
Read more »