Nvidia debuts desktop AI super chip but shares drop with wider market slump

Nvidia boss Jensen Huang unveiled the chip maker's latest AI super chip that it plans to start selling for $3,000 in May.

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Nvidia has announced its smallest yet most powerful AI supercomputer, but the new product did little to prevent the Chip maker’s shares from sliding amid a marketwide rout on Tuesday.

“We’re entering the era of physical AI, AI that can proceed, reason, plan, and act,” said Nvidia CEO Jensen Huang in a keynote at the Consumer Electronics Show (CES) in Las Vegas on Jan. 6. 

Huang showcased the firm’s latest products, unveiling Project DIGITS, a personal AI supercomputer that provides researchers, data scientists, and students access to a “deep learning GPU intelligence training system.”

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