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Supply Chain Now
The Supply Chain Buzz for August 28th: Covering the Final Mile on Two Wheels
Sep 1, 2023
Topics covered in this podcast include the innovations inspired by space travel, cargo bikes as a solution for congestion and emissions in New York City, the United Autoworkers potential labor strike against auto companies, Tyson's closure of chicken processing sites, and the revenue growth of Nvidia due to increased interest in AI.
01:00:39
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Quick takeaways
- Nvidia's focus on AI has led to record revenue and dominance in the AI chip market.
- Tyson's closing of chicken processing sites highlights the impact of automation on workers and communities.
Deep dives
Nvidia sets new revenue record, doubling sales year over year
Nvidia, the chip designer and provider, set a new quarterly revenue record in the most recently completed quarter, doubling sales year over year and making Nvidia a trillion dollar company. Nvidia's success is attributed to its focus on AI, with its advanced chips powering popular AI tools rolled out by companies such as OpenAI, Google, and Microsoft. Analysts estimate that Nvidia currently has around 70% of the AI chip market.
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Discover
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