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Village's Last Hope Arrives: Huida Stock Soars 8% After Huang Renxun's Shipment Confirmation - News Directory 3

Village’s Last Hope Arrives: Huida Stock Soars 8% After Huang Renxun’s Shipment Confirmation

September 12, 2024 Catherine Williams World
News Context
At a glance
  • Business media | Reporter Xu Fangda/Comprehensive Foreign News reports Huida CEO Huang Renxun stressed at a technology conference held in San Francisco on Wednesday (11th), "Demand for new...
  • Are the markets worried about whether big companies' crazy investments in building AI will really bring returns?
  • Huang Renxun explained that Blackwell's advantage is that "the new Blackwell system is designed with seven different types of chips to build the system.
Original source: scooptw.com

The Hope of the Whole Village is Here: Huida Stock Price Rises Over 8% After Huang Renxun Confirms Safe Shipment

Village's Last Hope Arrives: Huida Stock Soars 8% After Huang Renxun's Shipment Confirmation - News Directory 3

Business media | Reporter Xu Fangda/Comprehensive Foreign News reports Huida CEO Huang Renxun stressed at a technology conference held in San Francisco on Wednesday (11th), “Demand for new generation Blackwell chips is strong. The company has outsourced chip production to TSMC, and suppliers are doing their best to meet the demand.”

Are the markets worried about whether big companies’ crazy investments in building AI will really bring returns? Huang Renxun responded by pointing out that Huidar technology accelerates traditional workloads, data processing and AI tasks that older technologies cannot handle, so companies have no choice but to adopt “accelerated computing”.

Huang Renxun explained that Blackwell’s advantage is that “the new Blackwell system is designed with seven different types of chips to build the system. That’s how computers are built today.” Blackwell Whider will help solidify leadership as it makes upgrades very easy and efficient.

More importantly, Blackwell allows Huida to easily transfer its innovation speed to customers, “which means enterprise customers don’t have to worry that even though every component is obsolete, they can upgrade and upgrade a part this year. It’s next year.” Upgrade another part”.

Huang Renxun pointed out that Blackwell, which was officially unveiled in March this year, is Huida’s next-generation wafer platform. Currently, due to some engineering challenges, it will be shipped in the fourth quarter and expanded to the beginning of next year. The AI leader’s confident words inspired Huidar’s stock price to rise 8.15% to $116.91 on Wednesday (11), marking its biggest gain in six weeks to 136% this year.

Village's Last Hope Arrives: Huida Stock Soars 8% After Huang Renxun's Shipment Confirmation - News Directory 3

Image/Chemo Stock Market


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