Arm, which is being acquired by Nvidia for a $40 bn deal, while giving details about new chips said that its “N2” Neoverse computing cores will be 40% faster than the previous generation while its “V1” cores – designed for artificial intelligence tasks – will be 50% faster than traditional methods of doing the same tasks. The UK-based chipmaker said that Oracle and China-based Alibaba Group will use its new next-generation technology for the data centers.
China’s Geely Holding owned Volvo Cars will use a new generation of high-powered chips developed by Nvidia to give more autonomous driving functions in its future cars, starting from the next year. Volvo, like many others car manufactures, is putting digital processing power ahead of the traditional horsepower as they try to catch up with Tesla. Nvidia, because of the computing power race among car manufacturer, has benefited the most among chipmaker.
Nvidia has announced the manufacturing of a new “Grace” server processor chip that will be based on technology from Arm. The new chip will be pitting it against direct competition with Intel. Further, it will also add a layer of complexity to the antitrust review of Nvidia’s $40 bn acquisition of Arm. Intel is the world’s biggest maker of central processors and Nvidia will be the largest chip firm, so far, to challenge its dominance,
Arm released a new technology with the aim to take over data centers and AI apps ahead of its $40 bn merger with Nvidia. The new version released, redefines the fundamental recipe for a chip that decides the kind software it can run. Arm, which makes major updates to the architecture only once in 10 years, competes with Intel and Advanced Micro Devices. The new architecture, which the firm named “V9,” takes on Intel in two areas — Security and AI.
The forecast for the Q1 revenue of Nvidia is excellent owing to the high demand for its gaming chips which remains in tight supply. CFO Colette Kress said, cryptocurrency mining has contributed approx. between $100 mn and $300 mn in sales in Q4. Nvidia also plans to start shipping software with gaming chips that slow down the ability to mine some currencies and later release a mining-specific chip, to discourage miners from using gaming chips.
Cyber-security firm CrowdStrike has said that suspected Russian hackers who broke into several US govt agencies and firms by getting into SolarWinds software, tried to attack its network but failed. At least 24 big companies including Intel, Cisco, VMware and Nvidia suffered from the hack. CrowdStrike, in a blog post, revealed it was alerted by Microsoft that the hackers had tried reading its emails using a Microsoft reseller’s account “several months ago.”
Intel and Nvidia, in separate statements, said that they were investigating whether they were a victim of the SolarWinds hack that has roiled the U.S. govt and private firms, “We are still actively investigating, but we currently see no evidence that our systems were affected,” Intel said in a statement. Nvidia Corp in a statement said it’s looking into whether there was illicit access of its systems. “We have no evidence at this time that Nvidia was adversely affected.”
Microsoft is working on in-house processors for the servers running its cloud-computing services and Surface computers. The chips would use tech from Arm, which is being acquired by Nvidia for $40 bn. Microsoft relies heavily on Intel and AMD chips for its Azure services and Surface PCs. The tech giant is working with computing cores licensed from Arm, rather than designing its own custom cores chips as Apple has does for its own Mac Series of PCs.
NVIDIA company shares declined nearly 3% after company executives predicted the fall of data centre chip sales in the fourth quarter. The chipmaker forecast fourth-quarter revenue beyond Wall Street Expectations, betting on rising in demand for its graphic chips for gaming consoles and data centres. The company expects current-quarter revenue of $4.8 bn, 37% up from last year. Company’s revenue from the data centre is doubled to $1.9 bn compared to 2019.