May 9, 2024 12:25 AM | 2 minute read |
A 20-year professional trader reveals his “money line”
Ditch the indicator and use “MoneyLine”. Simple lines take the guesswork out of knowing when to buy or sell. This is the line on the chart that helped Nic Chahine earn his 83% of option purchases. Here's how he does it.
CEO of Arm Holdings Co., Ltd. (NASDAQ:ARM) suggests: NVIDIA's (NASDAQ:NVDA) grace blackwell Adoption of ARM technology for AI applications in data centers is likely to increase significantly.
what happened: “With NVIDIA's latest announcement, Grace Blackwell, I think we'll see acceleration of ARM in the data center in these AI applications.” ARM CEO Rene Haas The statement was made during the company's fourth quarter earnings conference on Wednesday.
He further explained that integrating an ARM CPU and NVIDIA GPU in the design of chips like Grace Blackwell allows for a more efficient interconnect between the CPU and GPU, resulting in significantly improved memory access. Did.
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“Traditional systems connecting to X86 externally require connecting via the PCI bus, which is very time consuming. Therefore, using a custom bus in NVIDIA's examples, such as NVLink, reduces memory bandwidth. It’s a huge improvement,” Haas said.
The CEO of ARM Holdings has suggested that the increased integration of ARM architecture in data centers for AI applications will likely lead to faster adoption rates than originally predicted, although there is no formal confirmation at this time. Concluded.
why is it important: The Grace Blackwell chip announced by NVIDIA earlier this year is predicted to power the next wave of AI innovation. Formerly NVIDIA CEO jensen fan Information that tech giants like Alphabet Co., Ltd.,, Amazon.com Inc., microsoftand oracle company They too are “preparing for Blackwell.”
Meanwhile, Arm Holdings reported better-than-expected fourth-quarter results on record royalty income and strong licensing revenue. The company reported quarterly earnings of 36 cents per share, 20% above analysts' consensus estimate of 30 cents. Quarterly revenue was $928 million, beating analysts' consensus estimates of $875.59 million by 5.99%.
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Disclaimer: This content was created in part with support from Benzinga Neuro, and reviewed and published by Benzinga editors.
A 20-year professional trader reveals his “money line”
Ditch the indicator and use “MoneyLine”. Simple lines take the guesswork out of knowing when to buy or sell. This is the line on the chart that helped Nic Chahine earn his 83% of option purchases. Here's how he does it.
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