The global leader in visual computing technologies,
) recently announced a strategic alliance to produce
GPU-accelerated editions of IBM's enterprise software running on
its Power technology.
The partnership is a positive for NVIDIA as it strengthens the
company's position versus
) through a strong ally. This will increase NVIDIA's customer
base and help in garnering additional revenues.
IBM's next generation Power8 Processor features the new 8-Way
simultaneous multithreading (SMT) along with 512 KB SRAM L2 cache
per core, 96 MB eDRAM shared L3 cache and also 128 MB of eDRAM L4
cache, which is one of the most powerful and accessible
arrangement for cloud-based data center servers.
Additionally, the collaboration of IBM POWER 8 CPUs and
NVIDIA's Tesla GPU accelerators will help to maximize user
experience by offering high performance computing (HPC)
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Apart from this, NVIDIA also unveiled the NVIDIA Tesla K40 GPU
accelerator, the fastest GPU accelerator, primarily aimed at
scientific, engineering, HPC and enterprise applications. The
launch will help NVIDIA to generate additional demand for its
NVIDIA Corporation offers digital media processors and related
software for a wide range of visual computing platforms. It is a
worldwide leader in visual computing technologies and the
inventor of the graphic processing unit or GPU.
NVIDIA's innovative product pipeline that consists of the
recently introduced SHIELD and the upcoming mobile processor
Logan Tegra 4 processors will boost top-line growth, going
However, the company is facing stiff competition from the likes
Advanced Micro Devices, Inc.
), Intel and
). Also, higher operating expenses are expected to hurt
profitability in the near term.
Currently, NVIDIA has a Zacks Rank #3 (Hold).