Tag: NVIDIA AI advancements

NVIDIA Launches ASIC Division to Meet Growing AI Chip Demand
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NVIDIA Launches ASIC Division to Meet Growing AI Chip Demand

NVIDIA has taken a major step in the evolving AI semiconductor market by creating a department focused on ASICs (Application-Specific Integrated Circuits). This move, reported on January 2 by Taiwan's Commercial Times, shows NVIDIA's strategy to strengthen its custom chip design capabilities. Already a leader in AI and GPU markets, NVIDIA aims to stay ahead in the competitive landscape. In June 2023, NVIDIA's CEO, Jensen Huang, announced plans to open a research and development (R&D) center in Taiwan within five years, hiring 1,000 engineers. The new ASIC department aligns with this plan, and NVIDIA is recruiting top talent from companies like Taiwan’s MediaTek to boost its expertise. The global AI boom, driven by the rise of generative AI like OpenAI’s ChatGPT, has increased the...