Tuesday, March 19, 2024

🚨 Axios AM: Supermicro - btbirkett@gmail.com - Gmail

🚨 Axios AM: Musk's MAGA alliance - btbirkett@gmail.com - Gmail


Nvidia unveiled its new Blackwell family of processors to succeed the company's current Hopper model, which has been in short supply. The new processors are due out later this year.

  • Other tech firms were eager to tout their ties to Nvidia, with companies including Google, Microsoft, Oracle, SAP and HP announcing new or expanded partnerships.
Data: Yahoo Finance. Chart: Axios Visuals

πŸ“ˆ Charted above: Another tech company — Super Micro Computer — that's riding the AI wave even farther than Nvidia.

  • Shares of Supermicro — which makes servers that use Nvidia chips — are up 12-fold in the past 12 months, The Wall Street Journal reports.

Supermicro joined the S&P 500 yesterday, replacing Whirlpool.

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