Before Nvidia released its earnings report, the government announced a key event!

The 2024 Graphics Technology Conference (GTC), known as the “First Conference for AI Developers”, will officially open on March 18, local time. Nvidia CEO Hwang In-hoon will give a keynote speech at that time, which may reveal more new details about the B100.

Regarding performance reports announced by companies, in addition to performance performance, the market often pays more attention to the company's profit expectations, because this relates to the company's growth value — when talking about Nvidia's expected profit level, I have to mention the “strongest in history” AI chip B100.

The B100 is the next generation AI chip that Nvidia plans to launch. Its inference speed is said to be 3 times faster than the H100, and is expected to be officially launched later this year. If the B100 is released as planned, it will surely further defend Nvidia's dominance in the field of AI hardware.

From a product perspective, the new product B100 is essential for Nvidia to maintain profitability. Strong profitability ensures that Nvidia is not overly “overvalued” while its stock price soars. Bank of America analyst Arya believes that the Nvidia B100 will be priced at least 10%-30% higher than the H100, and demand is likely to continue until at least mid to late 2025.

In its financial report for the third quarter, Nvidia expects Q4 revenue of 2024 to be $20 billion, fluctuating 2% up and down, which is equivalent to the guidance range of 19.6 billion US dollars to 20.4 billion US dollars. Analysts expect the average revenue for the fourth quarter to be relatively low, at US$17.9 billion, up about 196% year on year; Nvidia's total revenue for the current fiscal year is expected to increase 56% month-on-month, slightly less than US$92 billion.

This year's GTC will be the first offline conference in four years. The conference content generally includes lectures, seminars, developer events, etc., but what the market is most concerned about is the opening keynote speech delivered by Hwang In-hoon.

Before artificial intelligence caused a global technological storm, most of the topics of the GTC conference were related to data center and workstation technology, and almost never touched on the field of consumer-grade graphics, but this year, GTC's key topics will be everything related to artificial intelligence.

In addition to the B100 mentioned above, GTC 2024 may also introduce the next generation Blackwell architecture and GB200 products, and discuss new general-purpose GPUs.

The official trailer highlights generative AI applications, showcasing the WPP/NVIDIA engine for digital advertising, the newly launched Chat with RTX, the industrial metaverse powered by SyncTwin, Refik Anadol Studio's AI art, and OpenAI, which generates code for Blender animations.

Editor/Somer