The AI Chip Behind Nvidia’s Supersonic Stock Rally: QuickTake

When a new gadget sets the technology world alight, it’s usually a consumer product like a smartphone or a gaming console. This year, tech watchers are fixating on an obscure computer component that most people will never even see. The H100 processor has enabled a new generation of artificial intelligence tools that promise to transform entire industries, propelling its developer Nvidia Corp. to become one of the world’s most valuable companies. It’s shown investors that the buzz around generative AI is translating into real revenue, at least for Nvidia and its most essential suppliers. Demand for the H100 is so ...