KEY POINTS
  • Nvidia announced a new chip designed to run artificial intelligence models on Tuesday .
  • Nvidia's GH200 has the same GPU as the H100, Nvidia's current highest-end AI chip, but pairs it with 141 gigabytes of cutting-edge memory, as well as a 72-core ARM central processor.
  • "This processor is designed for the scale-out of the world's data centers," Nvidia CEO Jensen Huang said Tuesday.

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Nvidia President and CEO Jensen Huang speaks at the COMPUTEX forum in Taiwan, May 28, 2023.

Nvidia announced a new chip designed to run artificial intelligence models on Tuesday as it seeks to fend off competitors in the AI hardware space, including AMD, Google and Amazon.

Currently, Nvidia dominates the market for AI chips with over 80% market share, according to some estimates. The company's specialty is graphics processing units, or GPUs, which have become the preferred chips for the large AI models that underpin generative AI software, such as Google's Bard and OpenAI's ChatGPT. But Nvidia's chips are in short supply as tech giants, cloud providers and startups vie for GPU capacity to develop their own AI models.

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