Australia markets open in 5 hours 26 minutes
  • ALL ORDS

    7,487.70
    -40.10 (-0.53%)
     
  • AUD/USD

    0.6694
    -0.0012 (-0.19%)
     
  • ASX 200

    7,291.30
    -34.30 (-0.47%)
     
  • OIL

    74.48
    -2.45 (-3.18%)
     
  • GOLD

    1,784.70
    +3.40 (+0.19%)
     
  • BTC-AUD

    25,377.17
    -325.49 (-1.27%)
     
  • CMC Crypto 200

    400.27
    -1.53 (-0.38%)
     

Why Nvidia's New Lovelace Chip Is Bad News for Jay Powell

Why Nvidia's New Lovelace Chip Is Bad News for Jay Powell

Last week, Nvidia (NASDAQ: NVDA) unveiled its new RTX graphics chips based on its "Lovelace" architecture. The chips have some impressive performance metrics, making an exciting leap forward in performance over the prior Ampere generation. The highest-end RTX Lovelace 4090 graphics cards will retail for $1,599, and the 4080 cards will go for a lower range, between $899 and $1,199.