Nvidia Predicts Strong Growth of Chips in Data Centers

Nvidia, Intel, Chips, data centers, demand

Nvidia has teamed up with Intel Corp to predict strong demand for chips used in data centers. The forecast comes from after its third-quarter revenue and profit managed to beat market expectations.

The chipmaker said it expects an increase in the data centers with growth in conversational AI, the ability for computers to engage in human-like dialogue, and the process of using an algorithm for tasks such as translating audio into text-based requests.

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