Nvidia shares surged more than 4%, boosted by a strong move in the semiconductor sector. The rally came after a strong quarterly earnings report from Japan’s Foxconn, which boosted confidence in the sector’s bright future.
The impressive performance helped propel Nvidia shares toward their first-ever close above $150 per share, surpassing the previous record of $148.88 set in early November. Following the trend, Nvidia shares continue to make significant gains, approaching new highs.
If the momentum continues, Nvidia could soon overtake Apple to become the world’s most valuable company. The rally also comes ahead of Nvidia CEO Jensen Huang’s much-anticipated keynote speech at the Consumer Electronics Show (CES) in Las Vegas.
Semiconductor stocks surge after Foxconn announcement
Foxconn, known globally as Hon Hai Precision Industry, reported record fourth-quarter revenues, sending semiconductor stocks soaring. Foxconn reported revenues of $63.9 billion, up 15% year-over-year, confirming that the AI sector will continue to thrive in the coming years.
NVIDIA Focuses on Robotics and Future Growth
NVIDIA is increasingly investing in robotics, viewing it as the next major driver of its growth. The company faces increasing competition in the AI core chip sector, but it still maintains its leading position. Thanks to the growing demand for AI chips, NVIDIA has seen its market cap grow significantly, surpassing the $3 trillion mark.
The company is targeting expansion into new markets through its AI innovations, such as chips that support the rapid growth of the next generation of robots. The system includes the ability to run large language models (LLM) of up to 200 billion models, which enhances innovation in the field of artificial intelligence
DIGITS Project to be launched at CES 2025
At CES 2025, Nvidia unveiled a new high-end desktop PC, developed in collaboration with MediaTek. The device, called “Project DIGITS,” aims to accelerate AI and high-performance computing capabilities. The new system features the new Arm-based Grace CPU, along with the Blackwell Superchip GPU, which enables superior performance in prototyping and AI tuning.
Project DIGITS Specifications
“Project DIGITS” represents a quantum leap in computing performance, as it is based on the Nvidia GB10 Grace Blackwell Superchip chip. This chip contains 20 Arm cores designed to provide superior performance in specialized areas such as prototyping and training AI models. The new system includes 128 GB of unified memory, which helps break the memory barrier faced by many traditional graphics cards. In terms of design, the system delivers high performance without requiring complex cooling or high power consumption, making it an ideal solution for developers seeking computing power with energy efficiency.
Exceptional performance for developers in the AI sector
In addition, two devices from the “Project DIGITS” can be connected via the Nvidia ConnectX network to run up to 405 billion models. This innovation provides the opportunity for developers to run AI inference and develop models locally, and then seamlessly deploy them to cloud infrastructure or data centers.
NVIDIA CEO Statements
Jensen Huang, founder and president of NVIDIA, said that artificial intelligence will be present in all applications and in all industries, considering that “Project DIGITS” will provide more developers with access to the Grace Blackwell Superchip. He added that this innovation will allow developers, whether they are data scientists, researchers or students, to participate actively in shaping the future of artificial intelligence.
The Future of Artificial Intelligence with the DIGITS Project
NVIDIA’s DIGITS project is a milestone in the field of artificial intelligence. The project aims to revolutionize the way intelligent models are developed and operated. In the future, this system will provide developers and researchers across industries with access to advanced technologies that will help them build and train AI models more effectively, in line with the demands of the accelerating digital age.
Opening new horizons for developers
The DIGITS project will enable developers to use desktop devices with powerful computing capabilities that accelerate AI innovations. By introducing the Grace Blackwell Superchip in an embedded device, developers will be able to build and operate large models such as large language models (LLM) quickly and efficiently. This capability means that developers will no longer need access to large data centers or expensive cloud servers, but can accomplish AI-related tasks on their local devices.
A new model for handling data and memory
A key feature of the DIGITS project is the introduction of 128 GB of unified memory between the CPU and GPU, which allows it to overcome many of the traditional limitations of consumer graphics cards. The system can thus process large datasets and run heavy models without the need for complex or expensive infrastructure. This change will allow developers to build better and more accurate models without having to worry about the challenges they usually face when dealing with big data.
Increasing the capacity of models and quantum AI
The DIGITS project also contributes to accelerating processes that require massive computing power, such as quantum models. Using advanced techniques such as quantization, which reduces accuracy of model weights, developers can reduce the amount of memory required to run large models. For example, models can be reduced in size from FP32 to FP4.
which improves performance and reduces memory consumption significantly.
Expanding the use of AI across industries
With the use of the “DIGITS Project” in the future, different industries will be able to benefit more from artificial intelligence. For example, this technology can be applied in the health industry to develop models that contribute to diagnosing diseases.
or in the automotive industry to develop self-driving systems. By facilitating access to these technologies, artificial intelligence becomes more integrated into our daily lives.
Integration with cloud systems and advanced infrastructure
The “DIGITS Project” also offers great advantages in integration with cloud systems. Developers can seamlessly deploy the models they have developed on the cloud or accelerated data centers. Moreover, the “DIGITS Project” connects two devices via the Nvidia ConnectX network to run massive models of up to 405 billion parameters, offering a flexible and powerful work environment for developing advanced artificial intelligence.
Benefiting from artificial intelligence in all fields
Through the “DIGITS Project”, the ability to develop and use artificial intelligence will be available to a greater number of people. This technology is not only intended for specialists, but will also allow students and researchers in academic fields to access advanced tools to innovate and develop intelligent models. Artificial intelligence will become an integral part of every application or field, from medicine and education to engineering and economics.
