FT News Briefing cover image

FT News Briefing

Nvidia claims top spot

Jun 19, 2024
11:45
Snipd AI
The FT's Saffeya Ahmed discusses Nvidia's AI chips, TDK's battery breakthrough, and Silicon Valley screening for Chinese spying. Shein faces obstacles going public in the US due to its Chinese origins and intricate supply chain.
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Podcast summary created with Snipd AI

Quick takeaways

  • NVIDIA surpasses Apple and Microsoft in value through AI chip demand.
  • TDK's breakthrough in solid-state batteries aims to improve device performance.

Deep dives

NVIDIA: Rising Success and Technological Innovations

NVIDIA has experienced remarkable growth, surpassing tech giants like Microsoft and Apple to become the most valuable company globally. With a market capitalization of $3.3 trillion, NVIDIA's dominance is attributed to the soaring demand for AI chips, fueling advancements like chat GPT. In response, the company is developing the 'Blackwell' chips to cement its industry leadership.

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