The Quarterly Revenue Trends of NVIDIA
By Aarti Dhapte, 26 May, 2023
The most advanced graphic cards Nvidia’s are selling more than $40,000 on eBay, as demand rises for chips to train and deploy the artificial intelligence software. In March 2023, the company has announced several initiatives to broaden it reach in artificial intelligence (AI) including partnerships and new products as well.
According to the reports, Nvidia’s H100 processors noted by 3D gaming pioneer and former Meta consulting the technology chief John Carmack tweeted on Twitter. Reports reveal, at least eight H100s listed that eBay at prices ranging from $39,995 to just under $46,000 and retailers offered in the past for around $36,000.
The data by the company says, H100 is Nvidia’s latest flagship AI chip succeeding by the A100 around $10,000 chip known as the “workhouse” for AI applications. The report reveal that the developers also using H100 to build large language models which are the AI applications like OpenAI’s ChatGPT. The training AI models, especially the large ones like GPT requires hundreds of high-end Nvidia GPUS working together. The company’s stock also topped a 281.20 buy point from a three-weeks-tight pattern in May 2023. There are now extended shares, which means company’s stocks are out of buy range of 295.26.
Nvidia’s H100 graphics cards are selling $40,000 on eBay. The chips are also essential for training and deploying the AI software. As per the reports, Microsoft also spent hundreds of millions of dollars on tens of thousands of Nvidia A100 chips in order to build the ChatGPT. It also controls most of the market for AI chips. In May 2023, the Nvidia chip stock popped 4.8 percent and in April the stock hit 20 percent profit taking goal from its previous output.