10:58 AM EDT, 03/19/2024 (MT Newswires) -- Nvidia's ( NVDA ) new Blackwell computing platform, along with a series of artificial intelligence chips, should give the semiconductor maker a competitive edge in the AI accelerator market, multiple analysts said on Tuesday.

The offerings, announced during its developer's conference in San Jose, included the B100, B200, and GB200 chips. The company's stock has rallied 74% so far this year, and is up nearly 230% over the last 12 months.

Nvidia ( NVDA ) "continues to lift the performance bar, a result that should help sustain (its) leadership position in the AI accelerator market," Wedbush analyst Matt Bryson wrote in a note. Its efforts with systems architecture could be tough for competitors to replicate, suggesting that Nvidia ( NVDA ) is "uniquely positioned" against its peers, he said.

The B100 chip is expected to double training performance compared with the Hopper graphics processing unit, while the B200 offers four-times the training performance, according to Wedbush. The GB200 NVL72 delivers 30-times faster trillion-parameter large language model, or LLM, inference, Nvidia's ( NVDA ) website showed.

Amazon.com's ( AMZN ) Amazon Web Services, Dell Technologies ( DELL ) , Alphabet (GOOG, GOOGL) unit Google ( GOOG ), Meta Platforms ( META ) , Microsoft ( MSFT ) , OpenAI, Oracle (ORCL) and Tesla (TSLA) are among companies expected to adopt Blackwell, Nvidia ( NVDA ) said Monday.

"Competing with this roadmap, as a direct merchant competitor or a custom silicon provider, is going to be very difficult, particularly given Nvidia's ( NVDA ) shift to an annual cadence," Morgan Stanley said.

At the event on Monday, Nvidia ( NVDA ) also highlighted progress on creating an AI software ecosystem for the enterprise, with new microservices that enable businesses to build and run inference on customized or pretrained models, according to Morgan Stanley.

"With Blackwell, (Nvidia ( NVDA )) should not only cement its lead in LLM training, but also significantly step forward in AI inference," BofA Securities said in a note emailed Tuesday.

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