Demand for its application-specific integrated circuits looks poised to soar.

At Nvidia's annual developer conference, CEO Jensen Huang said the company is seeing booming demand for its latest technology.

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Huang said demand is booming from startups and big companies alike. "If they could just get more capacity, they could generate more tokens, their revenues would go up," Huang said at GTC in San Jose, ...

Nvidia and AMD are seeing huge demand for CPUs and Jensen Huang is poised to unveil details for processors specialized for agentic AI at the GTC conference.

At GTC, Nvidia announced the Groq 3 LPU chip, which uses tech licensed from the AI company Groq. The LPU was part of seven upcoming data center chips intended to supercharge AI.

The company now competes across GPUs, CPUs, FPGAs, and edge AI hardware instead of relying on one segment. Hyperscalers want alternatives to Nvidia: Large cloud companies are increasingly diversifying ...