NVIDIA's stock is experiencing an uptick following the company's announcement of its latest product, the Jetson Orin Nano Super, on December 19, 2024. This new offering is touted as NVIDIA's most affordable generative AI supercomputer, priced at $249, a significant reduction from the previous $499. The Jetson Orin Nano Super is designed to cater to hobbyists, developers, and students, providing a 1.7x increase in generative AI inference performance, a 70% boost in performance to 67 INT8 TOPS, and a 50% increase in memory bandwidth to 102GB/s compared to its predecessor. This product launch is part of NVIDIA's strategy to expand its reach in the AI market by offering powerful yet accessible tools for a broader audience.
The Jetson Orin Nano Super utilizes NVIDIA's Ampere architecture GPU with tensor cores and a 6-core Arm CPU, enabling users to engage in tasks such as creating large language model chatbots, building visual AI agents, or deploying AI-based robots. This development aligns with NVIDIA's ongoing efforts to enhance its product lineup and maintain its leadership in the AI and semiconductor sectors.
NVIDIA's stock price has risen by 1.86% to $131.31 in pre-market trading as of December 19, 2024, from a previous close of $128.91.