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NVIDIA To Collaborate With Japan On Their Cutting-Edge ABCI-Q Quantum Supercomputer
Muhammad Zuhair
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Apr 21, 2024 07:10 AM EDT
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NVIDIA To Collaborate With Japan On Their Cutting-Edge ABCI-Q Quantum Supercomputer 1
NVIDIA is all set to aid Japan in building the nation's hybrid quantum supercomputer, fueled by the immense power of its HPC & AI GPUs.
Japan To Rapidly Progressing In Quantum and AI Computing Segments Through Large-Scale Developments With The Help of NVIDIA's AI & HPC Infrastructure
Nikkei Asia reports that the National Institute of Advanced Industrial and Technology (AIST), Japan, is building a quantum supercomputer to excel in this particular segment for prospects. The new project is called ABCI-Q & will be entirely powered by NVIDIA's accelerated & quantum computing platforms, hinting towards high-performance and efficiency results out of the system. The Japanese supercomputer will be built in collaboration with Fujitsu as well.
RELATED STORY NVIDIA GeForce GTX 2070 GPU Engineering Sample Spotted: 2176 Cores Instead of 2304, Can Be Flashed With RTX 2070 vBIOS
Diving into what we can expect with Japan's ABCI-Q, NVIDIA stated in an earlier blog post that the firm plans to integrate its NVIDIA CUDA-Q platform into the system. This platform is an open-source resource that allows users to leverage quantum-classical applications. CUDA-Q will act as an integral part of the supercomputer, allowing the ease of integrating relevant CPUs and GPUs onboard. Moreover, Team Green plans to accommodate 2,000 of NVIDIA's H100 AI GPUs, which the latest NVIDIA Quantum-2 InfiniBand interconnects.
Researchers need high-performance simulation to tackle the most difficult problems in quantum computing. CUDA-Q and the NVIDIA H100 equip pioneers such as those at ABCI to make critical advances and speed the development of quantum-integrated supercomputing.
- Tim Costa, Director of HPC and Quantum Computing, NVIDIA
Japan's ABCI-Q supercomputer is a part of the country's technological innovation phase, where they plan on capitalizing on the benefits of current-gen technologies like quantum computing and AI to excel in mainstream consumer industries. A few months ago, NVIDIA's CEO Jensen Huang met Japan's President Fumio Kishida, and both of them talked about increasing collaboration across multiple sectors and providing a steady supply of AI equipment for Japan's needs. The unveiling of ABCI-Q is just a step ahead toward what seems like an extensive relationship between Japan and NVIDIA.
News Source: Nikkei Asia
Nvidia Stock Investors Just Got Some Bullish News From This Semiconductor Giant
Jose Najarro, The Motley Fool
https://finance.yahoo.com/news/nvidia-stock-investors-just-got-150000872.html
Hahaha. You did "predict" that or at least stated the probability for it going lower was more likely than it going higher. I also thanked you for your contribution to the board regarding that.
At least for me, I consider your input useful information, in advance. Some post about movements after they happen, which is of no use to me or others.
I am not a chart master like yourself, but understand it is a useful tool. Market conditions in general started deteriorating and I had my concerns as well, so I sold at $860 and flipped the trade, to make $$ on the way down.
However, I do believe the fundamentals are still good.
We will have to wait and see what SMCI reports at the end of the month, as both stocks seem to be inextricably tied together to a degree. That may help tell the story which way this is headed.
But in any case, the upward momentum is over, at least for now. This may trade sideways or drift down, from now until earnings, at the end of May.
The charts suggest that NVDA will get down to $688 as there is an open gap there that is now likely to be closed. Nonetheless, for now and probably for the next 2-4 months (if not longer), the stock is unlikely to get above $822-$855 unless there is a positive catalytical piece of news. That means that $688-$822 is likely to be the trading range for at least the next 4 weeks.
Don't say that I didn't warn you (before the fact). The charts showed this was likely to happen................and it did.
Where did I say it was not included on the S&P??
But it trades on the Nasdaq! I just PROVED it to you!
EVEN the NVDA legally published 10K says it TRADES ON THE NASDAQ!
Give it up!
Again - Yes, I believe I do.
I believe if you go here (Latest 10K published):
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001045810/1cbe8fe7-e08a-46e3-8dcc-b429fc06c1a4.pdf
It states right on page 1:
Name of Exchange on which registered:
The Nasdaq Global Select Market.
Anything else to add??
I believe I do. DO you?
Every major research site lists NVDA as being on the Nasdaq Exchange....
https://finance.yahoo.com/quote/NVDA?.tsrc=fin-srch
https://www.msn.com/en-us/money/watchlist?tab=Related&id=a1yv52&ocid=ansMSNMoney11&duration=1D&src=b_secdans&relatedQuoteId=a1yv52&relatedSource=MlAl
https://www.google.com/finance/quote/NVDA:NASDAQ
You don't even know the exchange the stocks you invest in trade?
Spot on my friend , following
Well, I know what I’m gonna do: Wait for NVDA to turn up, then buy calls ATM, and OTM. I’LL continue to hold my common shares. In the meantime, I will lose no sleep.
Hey, I wanted to make sure I didn't have a reading comprehension issue like you asked so I went back and re-read what you just posted.
"Here’s what I said:
If there is a general market crash? Sure, NVDA (along with every other big company) will go right down along with it."
Hmm, nvda down 15% +/- a percent this week yet the "general market" which seeing as you don't think sp500 is general so we'll go with ndx100, is down only 6%
Who's leading who here?? Doesn't look like sp500 or nas100 is ANYWHERE near 15% down........
Strike 3??
Dropped over $200 without a market crash like you said wouldn't happen
NVDA is indeed in the sp500 (maybe you havent looked since early 2001- speaking of that..... Cisco 2.0???)
Swing and a miss for thinking tools are usless- it's the man that makes the tool useful
I'll try giving you the benefit of doubt, but when did you look last??
About to look pretty stupid with that comment when nvda was added to sp500 11/30/2001, so has it been 20+ years since you looked?? Speaking of tools, the Internet is one. You can learn all kinds of things with it, maybe even some humility?
My entire portfolio of stocks went down 11.5% this month.
And, it includes most of the Magnificent 7 stocks.
This too shall pass... C'est La Vie. Better luck to all.
PS: I am an optimist as I have always been.
NVDA $759.64 -87.07 (-10.28%) .... CULT, PONZI, FAD, HYPE!!!!!!!!
GOING ***LOWER***!!!!!!!
nvda will be 950 week after earnings $$$$$$$$$$$$$. stock will keep moving up when they blow away earnings as usual
Dubster, the elder statesman. Good man.
Hopefully, we all profit from our various plays here. Everyone has a point, and something can be learned from each.
Pray for each other. Bless those that curse you.
They will know you by your fruit.
Geez. Last time I looked, NVDA was on the Nasdaq, wasn’t it?
The Nasdaq is down what…1,200 points - in 8 days?
Imagine that.
And NVDA followed down the market it is on.
I’m going to be laughing so hard at you in just a month or two.
Meanwhile?
Stick it up where the sun don’t shine why dontcha?
I could very well have a reading comprehension problem, I've never claimed to be perfect. I just wanted to see how you'd spin it to cover your ass. Guess what, sp500 down .88 percent, nvda down 10+%. So, do you have a reading comprehension problem because I said this is a bubble and NVDA WILL LEAD THE CRASH.. you can't say there's a market sell off and the benchmark is down less than a percent and blame it on Nvda and actually be seriouse lol? Nevermind jb hunts earnings a few days ago that show economy is crap, economy is crap, no need for little compute chips that they are already cutting prices on. Time will tell if this is the actual crash, doubt it but awfully high volume today! Arrogance must be bliss huh? Oh, and as for you calling me a tool, I know how to use tools to make lots of money. Guess your a little rusty? Thanks for the compliment
Maybe you have a reading comprehension problem?
Here’s what I said:
You were saying??
I’m still here. And when the general market turns back around and this goes back up $100/share (and eventually more)?
There’ll be two good things about it. One, the stock price. And even better- two?
You’ll disappear once more.
Haha..,little correction in the market clown. Then we have a summer time rally. Watch and learn again. I can’t wait to come looking for you.
I agree that the fundamentals are good. But the problem is compounded here. Geo-political forces have pulled the markets in general down, and the sector of semi-conductors is down even further.
It will bounce back if the tensions in the middle east settle down.
NVDA $763.41 -83.30 (-9.84%) .... STILL WAY OVER VALUED!!!!!!!
I love this ‘Zoom out, dont freak out’ reporting.
I will always urge folks to date these ridiculous valuations. This whole market is as manipulated and correct as the politicians.
I ask blessings on all of you.
Bless each other in the Exalted name of Christ!
Money will pour into this if it go lower or even at this price . This is all outside forces that are causing this . The stock fundamentals are still extremely good .
Not the most timely article considering the circumstances.
Relax. It will bounce back.
Where ya at jetmech?
NVIDIA Shares Remain a Top Buy
By: Lucas Downey | April 19, 2024
• NVIDIA Corporation (NVDA) has been loved by investors for a while now, with shares up 71% in 2024 so far. Big Money investors keep pushing the semiconductor company’s stock higher.
NVIDIA Stock Surge Reflects Strong Demand
Institutional volumes reveal plenty. In the last year, NVDA has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in NVDA shares. They reflect our proprietary inflow signal, pushing the stock higher:
Source: www.mapsignals.com
Plenty of technology names are under accumulation right now. But there’s a powerful fundamental backdrop going on with NVIDIA.
NVIDIA Fundamental Analysis
Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, NVDA has had explosive sales and EPS growth in recent years:
• 3-year sales growth rate (+62.5%)
• 3-year EPS growth rate (+217.9%)
Source: FactSet
EPS is estimated to ramp higher this year by +20.9%.
Now it makes sense why the stock has been powering to new heights. NVDA is an earnings juggernaut.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.
NVIDIA has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report multiple times over the years. The blue bars below show when NVDA was a top pick…rising high along the way:
Source: www.mapsignals.com
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the titans. Big Money demand drives stocks upward.
NVIDIA Price Prediction
The NVDA rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Read Full Story »»»
DiscoverGold
Damn algorithms are driving it insanely down. Computers taking over thoughtful and normal trading.
NVD* is up 18% !!TODAY!!
Inverse tickers can really add excitement
AI MANIA IS ***OVER***!!!!!!!!
The chart (apparently modified based on yesterday's AH trading activity) shows today share price having had a Double Bottom Breakdown YESTERDAY on 18-April-2024. When I checked yesterday in the evening it wasn't there.
Well, all T/A is looking back at what happened. Delayed observations are what everybody can do in certainty after events have happened. Interpretations and future projections are mental activities about what may happen in the future.
Here's one: Will the support at about the $760 level could hold? We shall see.
Seeing the Fast Stochastic at its low point is the reason for my question from a technical view alone. However, the seriousness of the current geopolitical situation is what really matters at this time. Any new warlike disturbance again between Israel and Iran could send the larger stock market into turmoil lowering all stock share prices. High tempers and ego can go out of control at such times in humans.
Hence the bottom line: Uncertainty and the Unknown... looking ahead at the near future. C'est La Vie.
GLTA
NVDA is doing well. I flipped the trade at $860. Now making money on the way down. Geo-political issues spooking the markets.
We are on the same side...for now. Will be long again before earnings.
Up 15% NVD take not for next time!
Night another 60 shares. Let er rip potato chip
Up 10% NVD* (inverse ticker). Sold all mine already, just want you all to see a tool I use.
Damnit man, we are struggling, but is this a buying opportunity? I am still way up
Lots of red out there. Finding some nice prices for short term poppage
Here are Friday’s biggest analyst calls: Nvidia, Netflix, Shopify, Dell, Microsoft, Meta, Coca-Cola, Amazon & more
PUBLISHED FRI, APR 19 20248:38 AM EDTUPDATED 2 HOURS AGO
Michael Bloom
WATCH LIVE
Some are saying a good entry point is now, and that may be the case. But holding off a bit and seeing where it goes in the next week or more may be a safer strategy.
If geo-political events escalate, this could go lower. Just my opinion. Good luck to you.
This will likely go up in May with an expected earnings beat. The Fed will start projecting rate cuts in the summer and implement a cut prior to the election. As such, the markets will pick up right before the election.
Nice article! It's all about fundamentals, and NVDA has them.
IMO Few months will be better Entry Price. Summer slow down coming and Stock market downward pressure. GLTA
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http://www.nvidia.com
http://finance.yahoo.com/q/ks?s=NVDA
NVIDIA Corporation provides visual computing technologies designed to generate interactive graphics on consumer and professional computing devices
in the United States and internationally. It operates in four segments: Graphic Processing Unit (GPU), Media and Communications Processor (MCP),
Professional Solutions Business (PSB), and Consumer Products Business (CPB).
The GPU segment comprises products that support desktop and notebook personal computers, and plus memory products.
The MCP segment consists of NVIDIA nForce core logic and motherboard GPU products.
The PSB segment offers professional workstation products and other professional graphics products, including high-performance computing products.
The CPB segment provides mobile brands and products that support handheld personal media players, personal digital assistants, cellular phones,
and other handheld devices. This segment also licenses video game consoles and other digital consumer electronics devices.
The company markets its products to original equipment manufacturers, original design manufacturers, add-in-card manufacturers, system builders,
and consumer electronics companies. NVIDIA was founded in 1993 and is headquartered in Santa Clara, California.
<img data-cke-saved-src="http://stockcharts.com/c-sc/sc?s=nvda&p=D&yr=0&mn=4&dy=0&i=p31506003373&a=81927329&r=373"; src="http://stockcharts.com/c-sc/sc?s=nvda&p=D&yr=0&mn=4&dy=0&i=p31506003373&a=81927329&r=373"; >"="" alt="">
PER IHUB MGMT 02-07-2021 DISCLAIMER; JUST TO MAKE SOME THINGS CLEAR I AM NOT AH FINANCIAL ADVISIOR & NOT AH BROKER. I AM JUST AH REGULAR GENT DAT LIKES TO CHAT CHATTER ON MANY COMPANIES. SOME I OWN AH LOT I DON'T. SO NOT RESPONSIBLE ANYTHING I DISCRIBE. DA MICK. |
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