Tesla Revives Dojo3 Supercomputer Project, Significant Progress on AI5 Chip
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Benzinga
- Project Restart: CEO Elon Musk announced the revival of the Dojo3 supercomputer project, emphasizing that the AI5 chip design is in good shape, which is expected to enhance the company's capabilities in training artificial intelligence and self-driving systems.
- Talent Recruitment: Musk is calling for top engineers to join the Dojo3 project, expressing a desire to create the highest volume chips in the world, reflecting Tesla's proactive strategy in technological innovation and talent acquisition.
- Technology Upgrade: The AI5 chip, serving as the backbone of Dojo3, is expected to significantly enhance the performance of Tesla's existing computing clusters, particularly in training machine learning models, thereby strengthening its competitive edge in the autonomous driving sector.
- Production Timeline: Musk noted that the AI5 chip is not expected to be produced in large quantities until mid-2027, requiring Tesla to prepare several hundred thousand fully built AI5 boards, indicating the challenges the company faces in balancing technological development with market demand.
Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 264.97 USD with a low forecast of 200.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 187.050
Low
200.00
Averages
264.97
High
352.00
Current: 187.050
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating industrial AI and digital twin applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
