NVIDIA Corporation (NASDAQ:NVDA) Leads Despite The ‘Tectonic Shift’ In Technology

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NVIDIA Corporation (NASDAQ:NVDA) Leads Despite The ‘Tectonic Shift’ In Technology

Mark Lipacis, who happens to be Jefferies equity analyst, on Monday jumped into the conclusion that indeed there is a “tectonic shift” in technology. He reached this particular conclusion after closely looking into matters more closely. According to his findings, Intel Corporation (NASDAQ:INTC) has a high chance of climbing higher to a higher computing paradigm that will center its operations on connected devices and artificial intelligence. The other company that has been assessed along the same line is NVIDIA Corporation (NASDAQ:NVDA).

It goes without saying that indeed parallel processing has over the years remained a crucial part of the development of AI-focused developments in deep learning and neural networks. It has as a matter of fact showcased remarkable abilities to faster operations in tandemas compared to the single microprocessor architecture that was espoused by Intel some decades ago.

In many places around the globe, it is common to come across the scattered connected devices. All of them are involved in the data collection operations. One thing that characterizes almost all of them us the fact that they are associated with more advanced computing techniques. Most of the professionals agree on the fact that there is indeed great need to be able to crunch and understand any piece of data at any given time. Parallel processing will moist probably become the core function of technology.

While speaking to a number of top news reporters in one of the top business functions, the expert said, “We believe we are at the start of the fourth tectonic shift now, to a parallel processing/IoT model, driven by lower memory costs, free data storage, improvements in parallel processing hardware and software, and improvements in AI technologies like neural networking, that make it easy to monetize all the data that is being stored.”

NVIDIA Corporation will most probably be one of the top companies that will be reaping a huge deal from the financial gains emanating from Al. The various large cloud players have much to do with the huge jump of Nvidia stock. The company is indeed happy and is hoping for better times ahead. The skyrocketing of the provider’s stock is a great thing and it hopes to uphold all the best practices in order to maintain its position in the world market according to Marketwatch.