"The data and compute intensity of modern workloads in AI, scientific computing and data analytics is growing exponentially and has put enormous performance demands on hyperscale and enterprise datacenters", Nvidia said in a statement. 'Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant data centre-scale compute engine. Intel is believed to have already made a bid for the Israeli company, apparently offering US$6 billion for the network specialist.
"Intel losses market shares to Nvidia in the computing side", said Jeremie Capron, head of research at ROBO Global, which runs a robotics and AI- focused exchange-traded fund under the ticker "ROBO".
With the acquisition of Mellanox, NVIDIA will be able expand in those areas.
Multiple companies have an interest in adding such capabilities to their own products as they try to court major buyers of servers and other computer infrastructure, such as Alphabet Inc.'s Google, Amazon.com Inc. and Microsoft Corp.
The deal may signal a resumption of consolidation in the $470 billion semiconductor industry, which has been reshaped over the past five years as companies combined to gain scale while battling rising costs and shrinking customer lists. Mellanox will play a role in Nvidia's supercomputing, data centre and cloud service initiatives.
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The first target for James is Bryant, who collected 33,643 points throughout his storied 20-year career with the Lakers. After the game, James said Jordan was his inspiration growing up.
Nvidia is best known for graphical processors, which are used in video and game production but have also become surprisingly proficient at intensive computing tasks such as cryptocurrency mining and artificial intelligence.
Nvidia is set to make the biggest acquisition in its history.
Mellanox's revenue surged 26 percent in 2018, topping $1 billion for the first time.
Data center revenue accounts for almost a third of Nvidia's sales. "We're going to keep it interoperable", Nvidia's CEO told Reuters in response to questions about regulatory approvals. The US is the world's largest producer of chips, while China is the biggest consumer.