DIRS.INFO The most relevant business & tech news

☆ When is it OK to violate your cost basis to buy more shares of a company?
▼ + stars: | 2023-10-15 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

This week's question: The cardinal rule of discipline is to not violate cost basis and show patience to buy more high-quality stocks on pullback. How do you evaluate a flying stock which might not come back to levels of cost basis to add more? Since we are not anticipating the stock breaking below our cost basis — it is rallying — we need another way to determine when to buy more shares. If you can't buy below you price basis, you should buy at or below your valuation basis. And then set up points to buy when the valuation goes lower, just as you would when the stock price falls.

Persons: Jim Cramer, Eli Lilly, Ravi, —, Jim Cramer's, Jim, Jensen Huang, Walid Berrazeg Organizations: Nvidia, workloads, Jim Cramer's Charitable, CNBC, Getty Locations: Taipei

☆ Fixing Intel ends with taking it apart
▼ + stars: | 2023-09-29 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

A man walks past an Intel wall at the 2009 Computex trade show in Taipei June 3, 2009. REUTERS/Pichi Chuang Acquire Licensing RightsNEW YORK, Sept 29 (Reuters Breakingviews) - Intel (INTC.O) will have to get out of its own way. But now that its manufacturing technology has fallen behind, it’s dragging down both sides of the business. Snag is, Intel’s manufacturing arm will always have a reason to prioritize its own chips to support its design business. CONTEXT NEWSIntel announced on Sept. 29 the start of high volume manufacturing using its Intel 4 process technology at a plant in Leixlip, Ireland.

Persons: Pichi Chuang, Boss Pat Gelsinger, Intel’s, Gelsinger, Jonathan Guilford, Sharon Lam Organizations: Intel, Electronics, Reuters, Thomson Locations: Taipei, Taiwan, Arizona, Leixlip, Ireland

☆ Kioxia's banks to refinance $13.5 bln loan for Western Digital merger -Bloomberg
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +1 min

Sumitomo Mitsui Financial Group (8316.T), Mizuho Financial Group (8411.T) and Mitsubishi UFJ Financial Group (8306.T) intend to submit a commitment letter for the refinancing next month, Bloomberg reported citing unnamed sources. Part of the loan will be used to pay special dividends to Kioxia's shareholders, Bloomberg said. Of the 2 trillion yen loan, 400 billion yen will likely be funded through loan commitments and the Development Bank of Japan will provide a loan of 300 billion yen. The rest will likely be equally split between the three megabanks, Bloomberg reported. Kioxia and Western Digital are speeding up merger talks and nailing down a deal structure, Reuters reported in May, amid a slump in the market for flash memory.

Persons: Kioxia, Kiyoshi Takenaka, Sam Nussey, Makiko Yamazaki, Edwina Gibbs Organizations: Taipei, REUTERS, Rights, Western, Bloomberg, Sumitomo Mitsui Financial Group, Mizuho Financial Group, Mitsubishi UFJ Financial, Kioxia, Mizuho, MUFG, Development Bank of Japan, Western Digital, Reuters, Thomson Locations: Taipei, Taiwan

Tesla needs as many Nvidia chips as it can get, based on CEO Elon Musk recent comments on the company's quarterly earnings call. Tesla isn't the first to work on custom AI chips focused specifically on the company's bread and butter. And that's coming from the head of one of the most cutting-edge AI companies on the planet. Nvidia chips can be utilized by clients for many applications, making it easier for them to accelerate growth. The fresh Nvidia-Tesla conversation adds another layer to Oracle's report Monday, when viewed through the lens of Nvidia's AI leadership.

Persons: Tesla, Morgan Stanley, Morgan, Jim Cramer, Elon Musk, Musk, Sundar Pichai, Jim, Oracle, Jim Cramer's, Jensen Huang Organizations: Nvidia, Oracle, Broadcom, Google, NVIDIA, Citigroup, Oracle Cloud Infrastructure, Citi, Amazon Web Services, UBS, CNBC, Getty Locations: OCI, Taiwan

☆ Big Tech profits are set to surge in the second half: How our 6 stocks stack up
▼ + stars: | 2023-08-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Collectively, these six long-term holdings are expected to boost profits by 87% in the second half, up from 27% in the first half, according to estimates from FactSet. Nvidia 1st half earnings growth: 103% 2nd half expected earnings growth: 371% Investor excitement in Nvidia, already high, was lifted even further by the company's recently reported fiscal second quarter , which blew expectations out of the park. Amazon 1st half earnings growth: 266% 2nd half expected earnings growth: 297% The company's second quarter North America segment posted an operating margin of 3.9%, impressing investors like us with a 620-basis-point improvement over the last five quarters. That's why earnings growth for the second half of 2023 looks lighter than the recently reported fiscal fourth quarter of 2023 . Apple 1st half earnings growth: 2% 2nd half expected earning growth: 11% The iPhone maker had a "muted start" to the second half as consumers wait for the September release of the iPhone 15, said analysts at Loop Capital.

Persons: there's, Zev Fima, Morgan Stanley's, Wedbush, Morgan Stanley, Oppenheimer, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Big Tech, Nvidia, Microsoft, Apple, Investing, NVIDIA, Amazon, Meta, Facebook, Meta Connect, Management, Google, YouTube, Bank of America, Loop, CNBC, Getty Locations: FactSet, America, 2H23, Taipei

☆ Nvidia's stock closes at record after Google AI partnership
▼ + stars: | 2023-08-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Nvidia President and CEO Jensen Huang speaks at the COMPUTEX forum in Taiwan, May 28, 2023. Nvidia shares rose 4.2% Tuesday to close at a record, after the chipmaker announced a partnership with Google that could expand distribution of its artificial intelligence technology. The day after the better-than-expected earnings report, the stock climbed to a record intraday high of $502.66 before retreating in the afternoon. On Tuesday, Nvidia CEO Jensen Huang appeared at a Google conference to tout an AI agreement between the two companies. Through the partnership, Google's cloud customers will have greater access to technology powered by Nvidia's powerful H100 GPUs.

Persons: Jensen Huang, Huang Organizations: Nvidia, Google, Facebook, Meta, Microsoft Locations: Taiwan

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Nvidia's stock price, though, has more than tripled this year and was set to hit an all-time high after Wednesday's results. The company has a near-monopoly on the computing systems used to power services like ChatGPT, OpenAI's blockbuster generative AI chatbot. Huang declined to comment on whether the AI boom will last past next year. The company said the biggest sales driver this quarter was its HGX system, which is an entire computer built around Nvidia's chip.

Persons: Tyrone Siu, Huang, Jensen Huang, quashing, Kinngai Chan, Chan, Dylan Patel, SemiAnalysis, Patel, We're, Stephen Nellis, Max Cherney, Chavi Mehta, Sonali Paul Organizations: Nvidia Corporation, REUTERS, Nvidia, Reuters, Microsoft, Summit, Thomson Locations: Taipei, Taiwan, OpenAI, San Francisco

☆ Nvidia again proves it's an 'own it, don't trade it' stock after delivering another blowout quarter
▼ + stars: | 2023-08-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

"During the quarter, major cloud service providers announced massive NVIDIA H100 AI infrastructures. Leading enterprise IT system and software providers announced partnerships to bring NVIDIA AI to every industry. Quarterly commentary Data-center revenue in the quarter — comprising 76% of total revenue — reached a new record, more than doubling from a year ago and on a sequential basis. However, revenue was up sequentially on improved demand for Nvidia's enterprise workstation and the ramp of Nvidia RTX products. Nvidia said it bought back $3.28 billion worth of stock during its second quarter.

Persons: chipmaker, —, Jensen Huang, Jensen, Wall, there's, Jim Cramer's, Jim Cramer, Jim, Walid Berrazeg Organizations: Nvidia, Revenue, Club, Analysts, UBS, NVIDIA, Microsoft, Oracle, Ampere, Gaming, Truist, Jim Cramer's Charitable, CNBC, Getty Locations: China, Taiwan

☆ Nvidia's earnings Wednesday will be a big test for AI bulls
▼ + stars: | 2023-08-23 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Revenue: $11.22 billion, according to Refinitiv. A closer look at estimates shows just how reliant Nvidia has become on AI chips. By contrast, Nvidia's Datacenter group, which houses AI chips, is looking at a 111% increase in revenue to $8.03 billion, according to estimates. Nvidia's AI chips, including the A100 and H100, have been difficult to purchase in recent months as startups, big companies, governments and cloud providers all have placed orders. Last year, the U.S. placed export restrictions on Nvidia, which forced the company to make specialized, slower versions of its AI chips for the Chinese market.

Persons: Jensen Huang, StreetAccount, chatbot, Nvidia's, Huang, TSMC, Morris Chang, Biden Organizations: Nvidia, Facebook, Meta, Taiwan Semiconductor Manufacturing Locations: Taipei, Refinitiv, China, U.S

☆ Stocks making the biggest moves premarket: Nvidia, Discover Financial, D.R. Horton and more
▼ + stars: | 2023-08-15 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild resigned. Turnstone Biologics — Stock in the biotechnology company slipped 2.3% in premarket trading. Earlier on Tuesday, investment firm Piper Sandler initiated coverage of the stock with an overweight rating. Hannon Armstrong Sustainable Infrastructure Capital — The renewable energy investment firm climbed 2.1% after Bank of America upgraded shares to buy.

Persons: Roger Hochschild, John Owen, Turnstone, Piper Sandler, Horton —, Warren, Berkshire Hathaway, Horton, Hannon Armstrong, Phillips, Morgan Stanley, JPMorgan, Fitch, Wells Fargo, Baird, Steel, —, Alex Harring, Jesse Pound Organizations: Nvidia Corporation, Discover Financial, Bank of America, Hannon Armstrong Sustainable Infrastructure Capital, Banks, JPMorgan Chase, Citigroup, CNBC, Nvidia, UBS Locations: Taipei, Taiwan, The Texas, Cleveland

☆ Nvidia's AI-driven stock surge pushed earnings multiple three times higher than Tesla's
▼ + stars: | 2023-08-11 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

They're widely viewed as the best chips for training AI models, and Nvidia's financial forecasts suggest insatiable demand. Even with all that momentum and seemingly insatiable demand, baked into Nvidia's stock price is a slew of assumptions about growth, including the doubling of sales in coming quarters and the almost quadrupling of net income this fiscal year. Looking at the last 12 months of company earnings, Nvidia has a price-to-earnings ratio of 220, which is stunningly rich even compared with notoriously high-valued tech companies. Should Nvidia meet analysts' projections, the current price still looks high compared to most of the tech industry, but certainly more reasonable. It's the steepest weekly decline for Nvidia's stock since September of last year.

Persons: Jensen Huang, Piper Sandler, Harsh Kumar, Amazon's, There's, Christopher Gannatti Organizations: Nvidia, Apple, Microsoft, Amazon, Tesla, Google, AMD, Nasdaq Locations: Taipei, Silicon, Friday's, U.S

☆ Nvidia unveils an update to a new A.I. chip that hasn't even shipped yet — an aggressive move to keep its crown
▼ + stars: | 2023-08-09 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

"No one is coming for Nvidia on AI, period, any time soon," Stifel analyst Ruben Roy told CNBC in an interview Wednesday. The new version of Grace Hopper primarily delivers improvements in memory capacity and bandwidth compared with the first-generation product. In practice, improving the memory capacity and bandwidth of the Grace Hopper Superchip should help AI applications run more efficiently and smoothly. Volume production of the improved Grace Hopper Superchip is expected in the second quarter of 2024, according to Nvidia. Open-source software Nvidia's closed-source CUDA software platform – along with a library of pre-trained AI models — has helped establish the company's AI dominance.

Persons: it's, Grace Hopper Superchip, Ruben Roy, Grace Hopper, ChatGPT, Roy, Hopper, Nvidia, Pat Gelsinger, Nvidia's, Omniverse, Jim Cramer, Nvidia hasn't, Jim, enabler —, Jim Cramer's, Jensen Huang, Walid Berrazeg Organizations: Nvidia, Club, Devices, CNBC, Microsoft, Bank of America, AMD, Nvidia DGX, Intel, BMW, Computer, Getty Locations: Taipei

☆ Nvidia reveals new AI chip, says costs of running LLMs will 'drop significantly'
▼ + stars: | 2023-08-08 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Currently, Nvidia dominates the market for AI chips with over 80% market share, according to some estimates. But Nvidia's chips are in short supply as tech giants, cloud providers and startups vie for GPU capacity to develop their own AI models. Nvidia's new chip, the GH200, has the same GPU as the company's current highest-end AI chip, the H100. Oftentimes, the process of working with AI models is split into at least two parts: training and inference. Companies including Google and Amazon are also designing their own custom AI chips for inference.

Persons: Jensen Huang, Walid Berrazeg, Bard, OpenAI's, Huang, Ian Buck, Buck Organizations: Getty, Nvidia, AMD, Google, ARM Locations: Taiwan

☆ This may be the most bullish note we've seen on Nvidia — signaling what's next for the stock
▼ + stars: | 2023-07-31 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Take Club stock Nvidia (NVDA) for example. You can't own Nvidia if that's the data you're using to generate your worldview of future demand, especially after the monstrous run shares have already had this year. After all, those buying Nvidia's chips will need to harvest profits on their investment at some point but 12 to 18 months is a lifetime in the stock market. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023.

Persons: Jim Cramer, That's, Bernstein, we're, Jim loves NVDA, It's, —, ByteDance, NVDA, Jim Cramer's, Jim, Jensen Huang, Walid Berrazeg Organizations: Nvidia, Semiconductor Manufacturing, Apple, Microsoft, Oracle, CNBC, Getty Locations: China, Taipei

☆ 10 ways artificial intelligence is changing the workplace, from writing performance reviews to making the 4-day workweek possible
▼ + stars: | 2023-07-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +13 min

Here are 10 ways AI tools such as ChatGPT have entered the workplace — and what may come out of it. Nick Patrick, the owner of the music-production company Primal Sounds Productions, told Insider he used ChatGPT to fine-tune legal contracts for clients. "You really got to find time to, like, learn this skill," Nigam previously told Insider. Companies are using AI to write their performance reviewsManagers may find writing performance reviews for their employees a tough task. He told Insider: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."

Persons: OpenAI, Nick Patrick, Shannon Ahern, hadn't, Jensen Huang, Huang, Akash Nigam, Nigam, Neil Taylor, ChatGPT, Taylor, Insider's Beatrice Nolan, Nolan, would've, Jasmine Cheng, Cheng, WorkLife, Carl Benedikt Frey, Michael Chu, iHeartMedia, Goldman Sachs, Goldman, Suumit Shah, chatbot, Anu Madgavkar, Richard Baldwin, Fran Drescher, Jezebel — Organizations: Morning, IBM, Workers, Primal Sounds Productions, Google, Twitter, Companies, Employers, Nvidia, ChatGPT, Sky News, Hulu, Spotify, Mobile, Oracle, Columbia Business School, McKinsey Global Institute, Apple, JPMorgan, Northrop Grumman, AIs, Writers Guild of America, SAG, Journalists, GMG Union of, Media Locations: Taipei, Taiwan, Oxford

☆ Nvidia wins again — plus two more takeaways from this week's mega-cap earnings
▼ + stars: | 2023-07-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

It was also one of several conclusions we made combing through the results and listening to the conference calls with investors. We are basically looking for results or management commentary that speaks to peer companies or the industry as a whole. On the call, management said it was "to support cloud demand, including investments in AI infrastructure." What is increased AI spending going to do for Meta's engagement and Reels monetization efforts? Nvidia chief Jensen Huang (centre L) poses for photographs before attending a press conference at Computex 2023 in Taipei on May 30, 2023.

Persons: it's, Sundar Pichai, We're, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Sam Yeh Organizations: Microsoft, Nvidia, Google, AMD, Intel, Jim Cramer's Charitable, CNBC, Afp, Getty Locations: Taipei

☆ This is how investors should respond to the fresh pressure facing chipmakers
▼ + stars: | 2023-07-24 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

The generative artificial intelligence boom has seen semiconductor stocks soar this year, no more so than Club holding Nvidia (NVDA). We're more cautious on AMD going into its earnings print on Aug. 1, as it doesn't have the same outsized exposure to generative AI technology as Nvidia. Similarly, in a research note Monday, analysts at JMP Securities said that while "demand around generative AI remains extremely robust," elsewhere enterprise IT budgets remain constrained. Semiconductor firms are either basking in the glory of generative AI demand, or working through excess inventory and IT budget-optimization dynamics. And when the semiconductor firms report next month, investors will have a clearer sense on inventory challenges.

Persons: TSM, Jim Cramer's, Jim Cramer, Jim, Tyrone Siu Organizations: Nvidia, Devices, AMD, Taiwan Semiconductor Manufacturing Company, JMP Securities, Semiconductor, Club, Microsoft, CNBC, Nvidia Corporation Locations: China, Taipei, Taiwan

☆ Wall Street is bullish on Big Tech heading into earnings — here's what we think
▼ + stars: | 2023-07-18 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Wall Street kicked off the week with bullish takes on several high-flying tech stocks in the portfolio — validating our decision to stick with these mega-caps heading into quarterly earnings. It's also important to understand that some price target raises are just chasing a big move, and that the price reaction to an earnings release has less to do with the results and much more to do with expectations. It's also why Citigroup also put AMD on a "negative catalyst watch," meaning it is negative on the stock heading into earnings. In the analysts' view, Apple has an opportunity to grow its revenue by seven times in the U.S. over the next decade to about $40 billion, while adding 170 million new users. Microsoft What the analysts say: Analysts at Mizuho reiterated their buy rating on Microsoft while taking up their price target to $390 from $360.

Persons: bullish, Meta, It's, CUDA, Morgan Stanley, we're, —, Jim Cramer, monetize, Jim Cramer's, Jim, Jensen Huang, Sam Yeh Organizations: Nvidia, Apple, Microsoft, Devices, Citigroup, AMD, Intel, Mizuho, Activision Blizzard, JMP Securities, Jim Cramer's Charitable, CNBC, Afp, Getty Locations: U.S, China, India, Taipei

☆ Nvidia's chips fuel A.I. — here's why the U.S. worries about China's access
▼ + stars: | 2023-06-28 | by ( Lauren Feiner | ) www.cnbc.com time to read: +1 min

Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017. Nvidia's powerful semiconductors have taken on particular importance as their capacity to fuel artificial intelligence has become increasingly sought after. That's why the Commerce Department is reportedly considering new limits on the export of such chips to China, The Wall Street Journal reported Tuesday. Nvidia had already created a version of the A100, its popular AI chip, that it could sell to the Chinese market. But the new limits reportedly being considered by the Biden administration would restrict even those sales without a license.

Persons: Jensen Huang, what's, authoritarians, Eileen Donahoe, Biden Organizations: Nvidia, Human Rights Council, Stanford, Global, NBC, U.S, Commerce Department, Street Locations: Taipei, China, U.S

☆ Silicon Valley Has a New Style Icon
▼ + stars: | 2023-06-14 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

And he has the look: a black leather jacket he wears every time he is in the public eye, most often with a black T-shirt and black jeans. Mr. Huang wore a black leather jacket when he was on the cover of Time as one of its men of the year in 2021. A black leather jacket during his keynote speeches at multiple GTC developer conferences since 2018. To deliver the 2023 World ITF keynote and the 2023 Computex 2023 keynote. He even identified himself, back in a Reddit AMA in 2016, as “the guy in the leather jacket.”

Persons: Jensen Huang, ChatGPT, Huang Organizations: Nvidia, Apple

☆ Jim Cramer says Adobe stock didn't soar for no reason: Generative AI is worth the hype
▼ + stars: | 2023-06-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer told investors on Thursday that above all else, they should not underestimate the transformative power of generative artificial intelligence, as it has the potential to revolutionize most industries, from auto manufacturing to fast food. "Tonight, I want to explain why the AI bulls could actually be right," Cramer said. Cramer stressed you should not get bogged down in the ethereal, macro way in which many authorities discuss the potential of AI. Although the industry is not always in the public eye, Cramer told viewers to remember that it is a multitrillion-dollar industry and the biggest one in the world. Fast-food chain Jack In The Box is already using AI in its drive thru locations, which CEO Darin Harris said saves on the cost of employees and actually manages to up-sell more efficiently to customers.

Persons: CNBC's Jim Cramer, Cramer, market's, Adobe's, we're, Jensen Huang's, Darin Harris, it's Organizations: Adobe, BMW Locations: Taiwan

☆ Don't underestimate China's ability to build its own advanced chips despite U.S. curbs, tech analysts say
▼ + stars: | 2023-06-06 | by ( Sheila Chiang | ) www.cnbc.com time to read: +2 min

CHONGQING, CHINA - MAY 4, 2023 - Young technicians test the quality of electronic chips at a dust-free production workshop in Chongqing, China, May 4, 2023. CFOTO | Future Publishing | Getty ImagesIndustry analysts are optimistic that Chinese chip makers will develop their own advanced semiconductors despite Washington's attempts to cut the country off from accessing or manufacturing the technology. Washington also reportedly urged South Korea to not let its chip makers fill Micron's void in China. China is pouring more than 1 trillion Chinese yuan ($140 billion) into its chip industry, according to a Reuters report. Domestic chip makers already benefit from government subsidies and state-backed research projects.

Persons: Daniel Newman, Paul Scharre, Washington, Jensen Huang, Huang Organizations: Getty Images Industry, Futurum Group, CNBC, Nvidia, Huawei, Wall Street, New, Micron Technology Locations: CHONGQING, CHINA, Chongqing, China, New American, May, South Korea, Taipei

☆ Opinion | It’s the End of Computer Programming As We Know It. (And I Feel Fine.)
▼ + stars: | 2023-06-02 | by ( Farhad Manjoo | ) www.nytimes.com time to read: +3 min

could transform computer programming from a rarefied, highly-compensated occupation into a widely accessible skill that people can easily pick up and use as part of their jobs across a wide variety of fields. In situations where one needs a “simple” program … those programs will, themselves, be generated by an A.I. Welsh’s argument, which ran earlier this year in the house organ of the Association for Computing Machinery, carried the headline, “The End of Programming,” but there’s also a way in which A.I. could mark the beginning of a new kind of programming — one that doesn’t require us to learn code but instead transforms human-language instructions into software. Everyone is a programmer now — you just have to say something to the computer.”

Persons: —, DeepMind, ” Matt Welsh, there’s, “, ” Jensen Huang Organizations: Google, Apple, Association for Computing Machinery, Nvidia Locations: Google’s, Taiwan

☆ CNBC Daily Open: The A.I. rally is too narrow
▼ + stars: | 2023-05-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Everyone else, however, is a bystander reaping no benefits — and that could have implications for broader markets. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Everyone else, however, isn't so much a loser, but a bystander reaping no benefits — and that could have implications for broader markets. Subscribe here to get this report sent directly to your inbox each morning before markets open.

Persons: Wood, We're, Andrew Smith, Javed Mirza, Ataman Ozyildirim, we've Organizations: NVIDIA, CNBC, . Semiconductor, Nvidia, Marvell, Broadcom, Big Tech, Apple, Microsoft, Delos Capital Advisors, Conference, The Conference Board Locations: Taipei, Dallas, Canada, U.S

☆ This video shows how Nvidia's AI could transform the experience of talking to video game characters
▼ + stars: | 2023-05-31 | by ( Will Gendron | ) www.businessinsider.com time to read: +3 min

Nvidia debuted a new AI tool at Computex Taipei that targets the video game experience. One video game alone can have dozens — if not hundreds — of non-player characters, or NPCs. These characters will also be able to generate facial expressions based on the audio inputs they receive, Nvidia said. What separates this brief interaction from encounters in other video games is the way Jin reacts and responds to the player. "Although he is an NPC, Jin replies to natural language queries realistically and consistent with the narrative backstory — all with the help of generative AI," Nvidia said in its press release.

Persons: Tom Nook, Zelda, Hyrule, Jensen Huang, Jin, Huang Organizations: Nvidia, Nintendo Locations: Taipei, Santa Clara

Search resuls for: "COMPUTEX"

25 mentions found