Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye #Podcast 575: #Stocks discussed: (NasdaqGS: $INTC) (NasdaqGS: $NVDA) #Artificialintelligence

Wednesday, June 30, 2021

#AIEye #Podcast 575: #Stocks discussed: (NasdaqGS: $INTC) (NasdaqGS: $NVDA) #Artificialintelligence

#AIEye #Podcast 575: #Stocks discussed: (NasdaqGS: $INTC) (NasdaqGS: $NVDA) #Artificialintelligence

Intel Announces Advances in Xeon Processor for HPC and #AI, and NVIDIA is Adding New #Tech to HGX AI Supercomputing Platform

Global #AI in #Construction Market to Surpass $2.325B by 2026

Point Roberts WA, Vancouver BC – June 30, 2021 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:INTC) (NasdaqGS:NVDA)

Intel Corporation (NasdaqGS:INTC) is at the 2021 International Supercomputing Conference (ISC), where it has announced “advances in its Xeon processor for HPC and AI as well as innovations in memory, software, exascale-class storage, and networking technologies for a range of HPC use cases.” Trish Damkroger, vice president and general manager of High Performance Computing at Intel, explained:

"To maximize HPC performance we must leverage all the computer resources and technology advancements available to us. Intel is the driving force behind the industry’s move toward exascale computing, and the advancements we’re delivering with our CPUs, XPUs, oneAPI Toolkits, exascale-class DAOS storage, and high-speed networking are pushing us closer toward that realization."

NVIDIA Corporation (NasdaqGS:NVDA) is adding new technologies to the NVIDIA HGX AI supercomputing platform, fusing AI with high performance computing. Namely, these are: the NVIDIA A100 80GB PCIe GPU, NVIDIA NDR 400G InfiniBand networking, and NVIDIA Magnum IO GPUDirect Storage software. Jensen Huang, founder and CEO of NVIDIA, commented:

“The HPC revolution started in academia and is rapidly extending across a broad range of industries. Key dynamics are driving super-exponential, super-Moore’s law advances that have made HPC a useful tool for industries. NVIDIA’s HGX platform gives researchers unparalleled high performance computing acceleration to tackle the toughest problems industries face.”

Global AI in Construction Market to Surpass $2.325B by 2026

A report published by Research Dive finds that the global AI in Construction market will grow from $408.1 million in 2018 to over $2.325 billion by 2026, with a compound annual growth rate (CAGR) of 24.1 percent in the forecast period 2019-2026. An excerpt reads:

The market has witnessed a significant growth previously, but due to the unexpected COVID-19 outbreak, the market will witness decline in growth in 2020, owing to the rising need for safety and advanced measures at construction sites. This growth will be majorly driven by changing construction companies’ behavior, increasing focus towards deployment of technologies such as machine learning and artificial intelligence instead of human labor.

Sam Mowers, Investorideas.com

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