By Mariko Oi,Business reporter
Getty ImagesNvidia has unveiled its latest artificial intelligence (AI) chip which it says can do some tasks 30 times faster than its predecessor.
The firm has an 80% market share and hopes to cement its dominance.
In addition to the B200 “Blackwell” chip, its chief executive Jensen Huang detailed a new set of software tools at its annual developer conference.
Nvidia is the third-most valuable company in the US, behind only Microsoft and Apple.
As Mr Huang kicked off the conference, he jokingly said, “I hope you realise this is not a concert.”
But Bob O’Donnell from Technalysis Research who was at the event told the BBC that “the buzz was in the air”.
“I haven’t seen something like this in the tech industry in quite some time,” he said.
“In fact, some people were making analogies to the early days of Steve Jobs…
