Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

MICROSOFT CORPORATION

(MSFT)
  Report
Delayed Nasdaq  -  04:00:00 2023-02-03 pm EST
258.35 USD   -2.36%
02/03Signs of market strength cheer U.S. stocks bulls
RE
02/03Dark skies ahead for Big Tech's cloud growth
RE
02/03Volume of Retired Carbon Offsets Increases in Final Week of January, ClearBlue Analysis Indicates
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nvidia says it is working with Microsoft to build 'massive' cloud AI computer

11/16/2022 | 09:03am EST
FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara

OAKLAND, Calif, (Reuters) - U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a "massive" computer to handle intense artificial intelligence computing work in the cloud.

The AI computer will operate on Microsoft's Azure cloud, using tens of thousands of graphics processing units (GPUs), Nvidia's most powerful H100 and its A100 chips. Nvidia declined to say how much the deal is worth, but industry sources said each A100 chip is priced at about $10,000 to $12,000, and the H100 is far more expensive than that.

"We're at that inflection point where AI is coming to the enterprise and getting those services out there that customers can use to deploy AI for business use cases is becoming real," Ian Buck, Nvidia's general manager for Hyperscale and HPC told Reuters. "We're seeing a broad groundswell of AI adoption ... and the need for applying AI for enterprise use cases."

In addition to selling Microsoft the chips, Nvidia said it will partner with the software and cloud giant to develop AI models. Buck said Nvidia would also be a customer of Microsoft's AI cloud computer and develop AI applications on it to offer services to customers.

The rapid growth of AI models such as those used for natural language processing have sharply boosted demand for faster, more powerful computing infrastructure. 

Nvidia said Azure would be the first public cloud to use its Quantum-2 InfiniBand networking technology which has a speed of 400 gigabits per second. That networking technology links servers at high speed. This is important as heavy AI computing work requires thousands of chips to work together across several servers.

(Reporting By Jane Lanhee Lee; Editing by David Gregorio)

By Jane Lanhee Lee


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
MICROSOFT CORPORATION -2.36% 258.35 Delayed Quote.7.73%
NVIDIA CORPORATION -2.81% 211 Delayed Quote.44.38%
All news about MICROSOFT CORPORATION
02/03Signs of market strength cheer U.S. stocks bulls
RE
02/03Dark skies ahead for Big Tech's cloud growth
RE
02/03Volume of Retired Carbon Offsets Increases in Final Week of January, ClearBlue Analysis..
MT
02/03Tech trillion club's wobble in four charts
RE
02/03Analysis-From Meta to Microsoft, AI's big moment is here
RE
02/03Big Tech earnings face more heat as cloud cover fades
RE
02/03Exclusive-EU's Breton warns of ChatGPT risks, AI rules seek to tackle concerns
RE
02/02Tech earnings hit pause button on market rally
RE
02/02Amazon's outlook disappoints as customer budgets stay tight
RE
02/02Okta to Cut Workforce by 5%, Says it Overhired for 'Macroeconomic Reality'
MT
More news
Analyst Recommendations on MICROSOFT CORPORATION
More recommendations
Financials (USD)
Sales 2023 209 B - -
Net income 2023 69 318 M - -
Net cash 2023 67 325 M - -
P/E ratio 2023 27,9x
Yield 2023 1,02%
Capitalization 1 923 B 1 923 B -
EV / Sales 2023 8,88x
EV / Sales 2024 7,83x
Nbr of Employees 221 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Last Close Price 258,35 $
Average target price 285,81 $
Spread / Average Target 10,6%
EPS Revisions
Managers and Directors
Satya Nadella Chairman & Chief Executive Officer
Bradford L. Smith President & Chief Legal Officer
Amy E. Hood Chief Financial Officer & Executive Vice President
James Kevin Scott Chief Technology Officer & Executive VP
Hemma Prafullchandra CTO
Sector and Competitors
1st jan.Capi. (M$)
MICROSOFT CORPORATION7.73%1 923 107
SYNOPSYS INC.15.44%55 090
DASSAULT SYSTÈMES SE14.96%54 940
CADENCE DESIGN SYSTEMS, INC.17.79%50 982
ATLASSIAN CORPORATION31.57%43 260
SEA LIMITED35.44%39 586