{"id":38679,"date":"2023-11-27T15:50:44","date_gmt":"2023-11-27T15:50:44","guid":{"rendered":"https:\/\/www.gsma.com\/futurenetworks\/?p=38679"},"modified":"2024-11-08T09:50:47","modified_gmt":"2024-11-08T09:50:47","slug":"generative-ai-drives-silicon-industry-revenues-and-market-entry","status":"publish","type":"post","link":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/","title":{"rendered":"Generative AI drives silicon industry revenues and market entry"},"content":{"rendered":"<p>Nvidia has reported revenues for the third quarter of more than $18 billion, up around 200% from a year ago and up 34% on the previous quarter. Driven by strong demand for its processing units, which are needed to support generative AI solutions in the cloud, Nvidia\u2019s revenues have tripled in the last year. Meanwhile, Microsoft has announced its entry into the AI computing market with the launch of two new processors to be deployed in its data centres from 2024.<\/p>\n<p>Processing and computing units are needed for large generative AI models and have experienced strong growth over the last year, as Nvidia\u2019s results show. Microsoft\u2019s announcement to develop its own chips for its cloud services follows renewed efforts by AMD and Intel to compete with Nvidia in this market. AMD stock market values have soared by more than 90% this year as it shifts its focus to the AI market. Such developments point to the increasingly important role of silicon technologies in the digital transformation of the enterprise sector.<\/p>\n<p><a href=\"https:\/\/nvidianews.nvidia.com\/news\/nvidia-announces-financial-results-for-third-quarter-fiscal-2024\" target=\"_blank\" rel=\"noopener\">Nvidia<\/a><br \/>\n<a href=\"https:\/\/news.microsoft.com\/source\/features\/ai\/in-house-chips-silicon-to-service-to-meet-ai-demand\/\" target=\"_blank\" rel=\"noopener\">Microsoft<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia has reported revenues for the third quarter of more than $18 billion, up around 200% from a year ago and up 34% on the previous quarter. Driven by strong demand for its processing units, which are needed to support generative AI solutions in the cloud, Nvidia\u2019s revenues have tripled in the last year. Meanwhile, [&hellip;]<\/p>\n","protected":false},"author":73,"featured_media":41159,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[6894,15327,60],"tags":[],"algolia_discover_type":[15357],"class_list":["post-38679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5g-digest","category-ai","category-latest-news","algolia_discover_type-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.6 (Yoast SEO v28.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Generative AI drives silicon industry revenues and market entry - Networks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Generative AI drives silicon industry revenues and market entry\" \/>\n<meta property=\"og:description\" content=\"Nvidia has reported revenues for the third quarter of more than $18 billion, up around 200% from a year ago and up 34% on the previous quarter. Driven by strong demand for its processing units, which are needed to support generative AI solutions in the cloud, Nvidia\u2019s revenues have tripled in the last year. Meanwhile, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/\" \/>\n<meta property=\"og:site_name\" content=\"Networks\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gsma\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-27T15:50:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-08T09:50:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2024\/03\/AI-900-x-300-300x300-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"esargeant@gsma.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GSMA\" \/>\n<meta name=\"twitter:site\" content=\"@GSMA\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"esargeant@gsma.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Generative AI drives silicon industry revenues and market entry - Networks","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/","og_locale":"en_GB","og_type":"article","og_title":"Generative AI drives silicon industry revenues and market entry","og_description":"Nvidia has reported revenues for the third quarter of more than $18 billion, up around 200% from a year ago and up 34% on the previous quarter. Driven by strong demand for its processing units, which are needed to support generative AI solutions in the cloud, Nvidia\u2019s revenues have tripled in the last year. Meanwhile, [&hellip;]","og_url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/","og_site_name":"Networks","article_publisher":"https:\/\/www.facebook.com\/gsma\/","article_published_time":"2023-11-27T15:50:44+00:00","article_modified_time":"2024-11-08T09:50:47+00:00","og_image":[{"width":300,"height":300,"url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2024\/03\/AI-900-x-300-300x300-1.jpg","type":"image\/jpeg"}],"author":"esargeant@gsma.com","twitter_card":"summary_large_image","twitter_creator":"@GSMA","twitter_site":"@GSMA","twitter_misc":{"Written by":"esargeant@gsma.com","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/#article","isPartOf":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/"},"author":{"name":"esargeant@gsma.com","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/#\/schema\/person\/66f586ccd1dccb7f46e5076ec4163af4"},"headline":"Generative AI drives silicon industry revenues and market entry","datePublished":"2023-11-27T15:50:44+00:00","dateModified":"2024-11-08T09:50:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/"},"wordCount":179,"publisher":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/#organization"},"image":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2024\/03\/AI-900-x-300-300x300-1.jpg","articleSection":["5G Digest","AI","Latest News"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/","url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/","name":"Generative AI drives silicon industry revenues and market entry - Networks","isPartOf":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/#primaryimage"},"image":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2024\/03\/AI-900-x-300-300x300-1.jpg","datePublished":"2023-11-27T15:50:44+00:00","dateModified":"2024-11-08T09:50:47+00:00","breadcrumb":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/generative-ai-drives-silicon-industry-revenues-and-market-entry\/#primaryimage","url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2024\/03\/AI-900-x-300-300x300-1.jpg","contentUrl":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2024\/03\/AI-900-x-300-300x300-1.jpg","width":300,"height":300,"caption":"A digital illustration of a human head profile on a dark blue background, composed of interconnected circuits and glowing nodes. 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