Benefiting from the AI ​​upsurge, Huida's share price closed higher for 8 consecutive trading days, with a cumulative increase of 15.3%.

(Reuters file photo)

[Financial Channel/Comprehensive Report] The global AI (artificial intelligence) war has begun, and various technology giants have invested in related fields one after another. However, Nvidia, a major graphics chip manufacturer in the United States, stands out in this wave of upsurge. The longest winning streak in years.

According to comprehensive foreign media reports, Huida closed up 1% on Wednesday (22nd), and once rose more than 4% in the intraday session. It has a record of consecutive rises, and Huida also experienced 8 consecutive rises in June 2007, when the increase came to 17.4%.

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Huida's stock price has doubled in the past 6 months, and its stock price has risen 2.9% this week. It has risen 81% so far this year, making it one of the best performing stocks in the S & P 500 index.

Huida's current market value has reached US$653.76 billion (approximately NT$19.8 trillion), surpassing Tesla (Tesla) and Facebook (Facebook) parent company Meta.

With the launch of the chat robot ChatGPT by the technology start-up OpenAI in late November last year, it triggered a new wave of global enthusiasm for generative AI, and set off how this technology will change Internet search engines, product design, text creation, and programming Waiting for service discussion.

New technologies require powerful computing capabilities in the data center. So far, Huida has built a large and growing business in graphics processors and software designed for AI applications.

As part of the annual GTC conference, Huida on Tuesday unveiled a series of products and services aimed at expanding AI research and development, including new chips and platforms aimed at generative AI applications and AI image creation.

Huida Chief Executive Jensen Huang said at a news conference on Wednesday that he expects the company's current "meager revenue" from generative AI to become "very large" in the next 12 months.

UBS analyst Tim Arcuri estimates that in the next 1 or 2 years, generative AI may add $10 billion (approximately NT$) to graphics chips or GPUs (graphics processing units). 303.3 billion) to 15 billion US dollars (about NT$455 billion).

Analysts expect Huida's annual revenue to exceed US$46 billion (approximately NT$1.3 trillion) within three years, representing an average annual growth rate of 20%.

Huida also announced a new partnership with Alphabet, the parent company of Google, at the GTC conference. Atif Malik, an analyst at Citi, pointed out that this cooperation is "a big deal." Google chose Huida's The L4 infers the chip instead of its own TPU (tensor processor) custom chip, which opens up a larger computing market for Huida.

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