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Strong Cloud AI Server Demand Propels NVIDIA's FY2Q24 Data Center Business to Surpass 76% for the First Time

NVIDIA's latest financial report for FY2Q24 reveals that its data center business reached US$10.32 billion—a QoQ growth of 141% and YoY increase of 171%. The company remains optimistic about its future growth. TrendForce believes that the primary driver behind NVIDIA's robust revenue growth stems from its data center's AI server-related solutions. Key products include AI-accelerated GPUs and AI server HGX reference architecture, which serve as the foundational AI infrastructure for large data centers.

TrendForce further anticipates that NVIDIA will integrate its software and hardware resources. Utilizing a refined approach, NVIDIA will align its high-end, mid-tier, and entry-level GPU AI accelerator chips with various ODMs and OEMs, establishing a collaborative system certification model. Beyond accelerating the deployment of CSP cloud AI server infrastructures, NVIDIA is also partnering with entities like VMware on solutions including the Private AI Foundation. This strategy extends NVIDIA's reach into the edge enterprise AI server market, underpinning steady growth in its data center business for the next two years.

QNAP Announces the ARM-based AI NAS- TS-AI642 with 6 TOPS NPU

QNAP Systems, Inc., a leading computing, networking and storage solution innovator, today unveiled the new-generation AI NAS TS-AI642. Adopting an ARM 8-core processor with 6 TOPS NPU, the TS-AI642 is perfect for AI image recognition and smart surveillance applications. Achieving both high performance and power-efficiency with 2.5 GbE connectivity, 10GbE expandability via PCIe and dual 4K HDMI output, the TS-AI642 fulfills the image storage, backup, and video surveillance demands of SMBs.

"According to professional technology media and global technology firms, 2023 is the year of Edge AI. Research shows that companies and organizations are leveraging more efficient and budget-friendly Edge AI solutions due to the market and economic uncertainty." said Jerry Deng, Product Manager of QNAP. "The QNAP TS-AI642 is the first ARM-based AI NAS on the market. Incorporating NPU for boosting AI image recognition performance with a low power design, the TS-AI642 is a cost-optimized entry-level ARM-based AI image storage and Surveillance NAS for SMBs."
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Dec 23rd, 2024 21:46 EST change timezone

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