Most chip stocks declined. As of press release, ultra-microcomputers had risen more than 5.6%
The Zhitong Finance App learned that on Wednesday, most chip stocks were lower. As of press release, ultra-micro computers (SMCI.US) rose more than 5.6%, Nvidia (NVDA.US) rose slightly by 0.4%; Micron Technology (MU.US) fell more than 1.5%, AMD (AMD.US) fell 0.9%, and TSM.US (TSM.US) fell 0.6%. According to the news, Nvidia CEO Hwang In-hoon said that the future of artificial intelligence will be a service that can “reason”, but to reach this stage, computational costs need to be reduced. Hwang In-hoon added that Nvidia will increase chip performance by two to three times each year with the same energy and cost, laying the foundation for these advances.
