NVIDIA CORPORATION

(NVDA)
  Report
Delayed Nasdaq  -  04:00 2022-08-08 pm EDT
177.93 USD   -6.30%
05:19pIs the gaming industry heading for a slump?
RE
05:07pUS Stocks Close Mixed on Monday After Nvidia Q2 Sales Warning
MT
04:52pUS Stocks Close Mixed on Monday After Nvidia Q2 Sales Warning
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

NVIDIA : GTC Sees Spike in Developers From Africa

11/12/2021 | 12:26pm EDT

The appetite for AI and data science is increasing, and nowhere is that more prevalent than in emerging markets.

Registrations for this week's GTC from African nations tripled compared with the spring edition of the event.

Indeed, Nigeria had the third most registered attendees for countries in the EMEA region, ahead of France, Italy and Spain. Five other African nations were among the region's top 15 for registrants: Egypt (No. 6), Tunisia (No. 7), Ghana (No. 9), South Africa (No. 11) and Kenya (No. 12)

The numbers demonstrate the growing interest among Africa-based developers to access content, information and expertise centered around AI, data science, robotics and high performance computing. Developers are using these technologies as a platform to create innovative applications that address local challenges, such as healthcare and climate change.

Global Conference, Localized Content

Among the speakers at GTC were several members of NVIDIA Emerging Chapters, a new program that enables local communities in emerging economies to build and scale their AI, data science and graphics projects. Such highly localized content empowers developers from these areas and raises awareness of their unique challenges and needs.

For example, tinyML Kenya, a community of machine learning researchers and practitioners, spoke on the impacts of healthcare, education, conservation and climate change as a force for good in emerging markets. Zindi, Africa's first data science competition platform, participated in a session about bridging the AI education gap among developers, IT professionals and students on the continent.

Multiple African organizations and universities also spoke at GTC about how developers in the region and emerging markets are using AI to build innovations that address local challenges. Among them were Kenya Adanian Labs, Cadi Ayyad University of Morocco, Data Science Africa, Python Ghana, and Nairobi Women in Machine Learning & Data Science.

Several Africa-based members of NVIDIA Inception, a free program designed to empower cutting-edge startups, spoke about the AI revolution underway in the continent and other emerging areas. Cyst.ai, minoHealth, Fastagger and ARMA were among the 70+ Inception startups who presented at the conference.

AI was not the only innovation topic for local developers. The top African gaming and animation companies Usiku Games, Leti Arts, NETINFO 3D and HeroSmashers TV also joined the party to discuss how the continent's burgeoning gaming industry continues to thrive and the tools game developers need to be successful in an area of the world where access to compute resources is often limited.

Engaging Developers Everywhere

While AI developers and startup founders come from all over the world, developers in emerging areas face unique circumstances and opportunities. This means global representation and localized access become even more important to bolster developer ecosystems in emerging markets.

Through NVIDIA Emerging Chapters, grassroots organizations and communities can provide developers access to the NVIDIA Developer Program and course credits for the NVIDIA Deep Learning Institute, helping bridge new paths to AI development in the region.

Learn more about AI in emerging markets today.

Watch NVIDIA CEO Jensen Huang's GTC keynote address:

Disclaimer

Nvidia Corporation published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 17:25:11 UTC.


© Publicnow 2021
All news about NVIDIA CORPORATION
05:19pIs the gaming industry heading for a slump?
RE
05:07pUS Stocks Close Mixed on Monday After Nvidia Q2 Sales Warning
MT
04:52pUS Stocks Close Mixed on Monday After Nvidia Q2 Sales Warning
MT
04:29pWall Street muted on mixed inflation messages
RE
04:19pWall Street closes little changed on Fed policy fears
RE
04:17pViatris, First Solar rise; Tyson Foods, Nvidia fall
AQ
04:00pWall Street closes mixed on Fed tightening fears; Nvidia weighs
RE
03:55pSECTOR UPDATE : Tech Stocks Slide After Nvidia Warning Erodes Sector Confidence
MT
03:42pSECTOR UPDATE : Tech
MT
03:34pWall Street muted on mixed inflation messages
RE
More news
Analyst Recommendations on NVIDIA CORPORATION
More recommendations
Financials (USD)
Sales 2023 32 448 M - -
Net income 2023 10 184 M - -
Net cash 2023 15 984 M - -
P/E ratio 2023 46,1x
Yield 2023 0,09%
Capitalization 475 B 475 B -
EV / Sales 2023 14,2x
EV / Sales 2024 12,0x
Nbr of Employees 22 473
Free-Float 96,0%
Chart NVIDIA CORPORATION
Duration : Period :
NVIDIA Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NVIDIA CORPORATION
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 42
Last Close Price 189,89 $
Average target price 236,05 $
Spread / Average Target 24,3%
EPS Revisions
Managers and Directors
Jen Hsun Huang President, Chief Executive Officer & Director
Colette M. Kress Chief Financial Officer & Executive Vice President
William James Dally Chief Scientist & Senior Vice President-Research
Tony Tamasi Senior Vice President-Content & Technology
Debora Shoquist Executive Vice President-Operations
Sector and Competitors
1st jan.Capi. (M$)
NVIDIA CORPORATION-35.44%475 487
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED-16.75%445 631
BROADCOM INC.-17.13%222 681
QUALCOMM, INC.-17.86%168 686
TEXAS INSTRUMENTS-2.21%168 396
ADVANCED MICRO DEVICES, INC.-28.90%165 161