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Nvidia Stock Has Risen on AI. Now It Takes On Intel and AMD in Supercomputers.

Want to run a supercomputer? You’ll need a Superchip. At least that was
Nvidia’s
contention as it gave further details of its new brand of chip which will compete more directly with products from Intel and Advanced Micro Devices. 

Nvidia
(ticker: NVDA) shares have surged this year on the prominent role of its graphics-processing units, or GPUs, in training and applying artificial-intelligence technologies. 

Now, Nvidia would like to make bigger gains in the central-processing unit, or CPU, space, which has long been dominated by
Intel
(INTC) and
AMD
(AMD). Nvidia said on Sunday that a new supercomputer based in the U.K. will run on 384 of its Grace CPU Superchips. 

The supercomputer, named Isambard 3, will be built by
Hewlett Packard Enterprise
(HPE) as part of a project being led by researchers at the University of Bristol. The new supercomputer will deliver six times the performance and energy efficiency of its predecessor, Isambard 2, the company said. 

“The Arm-based NVIDIA Grace CPU enables the breakthrough energy efficiency required to push the boundaries of scientific discovery and solve some of humanity’s most difficult challenges,”said Simon McIntosh-Smith, principal investigator for the Isambard project and a professor at the University of Bristol.

Nvidia CEO Jensen Huang said last year the Grace Superchip was on track to be shipped in the first half of 2023 and would be used primarily for data centers.

Nvidia shares were down 1.1% in premarket trading on Monday. The stock is up 85% over the last 12 months.

Write to Adam Clark at adam.clark@barrons.com

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