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AI Chip Startup Etched Aims to Take On Nvidia

AI chip startup Etched raised $120 million to expand manufacturing of its specialized chip that it boasts will rival Nvidia’s products. Etched CEO Gavin Uberti joins Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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AI chip startup Etched raised $120 million to expand manufacturing of its specialized chip that it boasts will rival Nvidia’s products. Etched CEO Gavin Uberti joins Ed Ludlow on “Bloomberg Technology.”
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34 Comments

34 Comments

  1. @jondonron

    June 25, 2024 at 3:50 pm

    Homey is an AI
    NVIDIA will probably have more capacity and will outpace them significantly.

  2. @JonahJameson-l6t

    June 25, 2024 at 3:55 pm

    !!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

    • @BobBryan-n8l

      June 25, 2024 at 3:56 pm

      You need an expert. I’m guided by Adviser Bruce Murdock a widely known consuitant.

    • @IliasOleinikov

      June 25, 2024 at 3:56 pm

      I managed to grow a nest egg of around 120k to over a Million. I’m especially grateful to Adviser Bruce Murdock, for his expertise and exposure to different areas of the market

    • @BobBryan-n8l

      June 25, 2024 at 3:56 pm

      My colleagues had a good laugh at me when I told them I started my journey with $50k capital and how I accumulated over 6 figures within a span of 7 months. They never believed me until I pulled out my P&L.

      I know that learning the ins and outs of the market isn’t for everyone, that’s why personally, Bruce Murdock oversees my investments.

    • @IliasOleinikov

      June 25, 2024 at 3:56 pm

      Without a doubt! Bruce Murdock is a trader who goes above and beyond. he has an exceptional skill for analyzing market movements and spotting profitable opportunities. His strategies are meticulously crafted based on thorough research and years of practical experience.

    • @JonahJameson-l6t

      June 25, 2024 at 3:57 pm

      nice! once you hit a big milestone, the next comes easier.. How can i reach him, if you don’t mind me asking?

  3. @davidburk4546

    June 25, 2024 at 4:07 pm

    4:32 he just pronounced it “nuh-vi-dee-yah,” so I don’t know how seriously to take him 😂

    • @MatthewMS.

      June 25, 2024 at 4:12 pm

      N V envy Nvidia

  4. @HRaychin

    June 25, 2024 at 5:05 pm

    Its weed not him

  5. @tekmepikcha6830

    June 25, 2024 at 5:10 pm

    Bloomberg: We have a 7-minute slot to fill

    Gavin: Hi

  6. @camilorios7821

    June 25, 2024 at 5:17 pm

    In music terms, this is like dissing Eminem… gtfo kid 🤡

  7. @hoochill

    June 25, 2024 at 5:48 pm

    this is only inference. nobody can compete against Nvidia in actually training the LLMs

    • @StuartJ

      June 25, 2024 at 8:24 pm

      Inference is the largest market, and a competitor could wipe out NVIDIAs market share for that if they can scale up fast enough.

  8. @MelissaHobbs-qm8wi

    June 25, 2024 at 6:29 pm

    Did you all see the new release of NVIDIA’s stock earnings? The results are incredible, and their stock is surging.

    • @ChloeCarter-kd7gz

      June 25, 2024 at 6:30 pm

      Yes, I saw that! It’s amazing how well NVIDIA is performing despite the overall market volatility. It’s got me thinking about re-evaluating my portfolio.

    • @LeahLewis-ny9iu

      June 25, 2024 at 6:30 pm

      I agree. The tech sector, particularly companies like NVIDIA, seems to be a good investment. I remember my advisor, Desiree Ruth Hoffman, mentioning the potential of NVIDIA about two years ago. I followed her advice, and my portfolio has grown from $150k to $700k since then.

    • @OliverLiam-px3vx

      June 25, 2024 at 6:31 pm

      That’s impressive,Desiree Ruth Hoffman has been a huge success for many of us. DESIREE RUTH HOFFMAN possesses a profound comprehension of market dynamics and technological trends.

    • @OliverLiam-px3vx

      June 25, 2024 at 6:31 pm

      Her foresight is quite remarkable Her predictions and guidance have been instrumental for many speculator during these turbulent times. She help me streamline my assortment and preserved them even in these turbulent times.

    • @JessicaKeith-uj1jq

      June 25, 2024 at 6:32 pm

      I’ve had a similar experience. I was initially skeptical about hiring a financial advisor, but after hearing about Desiree from you guys, I decided to give it a shot. In just two years, my portfolio has also grown significantly, and I feel much more secure about my financial future.

  9. @Niels_F_Morrow

    June 25, 2024 at 6:35 pm

    If ASIC miners exist in mining specific coins, if NPUs are being placed in laptops, why not extend this idea to transformers used in AI? The idea, as he said, is a bet, a gamble. And there are several companies that build ASIC miners.

  10. @Sirmrmeowmeow

    June 25, 2024 at 7:09 pm

    500 toks per s is wild *for inference
    return of the asics

  11. @pmozzi

    June 25, 2024 at 7:37 pm

    This guy f*cks – jokes aside, very interesting point of view, definitely going to be big when they IPO but.more likely are bought out because who can resist

  12. @jaffarbh

    June 25, 2024 at 7:52 pm

    The reason big boys buy Nvidia chips and not Intel/AMD is because of CUDA (the software that underpins the whole thing), not just the raw performance. I hope the folks at Etched understand this clearly. Nvidia has been perfecting CUDA since 2006. Even Intel/AMD are no where close.

    • @StuartJ

      June 25, 2024 at 8:26 pm

      That’s only relevent for training. Look at Groq. They don’t use CUDA, but are able to host popular LLM models, within hours of their release.

    • @anomalyceo

      June 25, 2024 at 8:45 pm

      Understand what? He’s 21, this isn’t a web app. Hardware is hard, but I respect the Genghis Khan in anyone. He gets to take a moonshot bet using OPM and if he fails, he’ll have on his record his first startup failure experience which in the Valley gets you more OPM for future bets.

  13. @jhockey11liu91

    June 25, 2024 at 7:59 pm

    This punk is a joke

    • @StuartJ

      June 25, 2024 at 8:27 pm

      What’s matter? Got NVIDA shares? You better sell them quick 😂

  14. @gasfeesofficial3557

    June 25, 2024 at 7:59 pm

    this kids gonna be big!

  15. @richardthompson7838

    June 25, 2024 at 8:00 pm

    All these college tech heads, nerds, and dropouts are going to change the world: Elizabeth Holmes, Sam-Bankman F., and now this young cat. They can’t reach their own goals, let along change the world. Throw them more money… I smell another DISASTER in the making.

  16. @GordonMoat

    June 25, 2024 at 8:04 pm

    Who is funding this dude, and do they seriously imagine cashing out in an IPO?

  17. @anomalyceo

    June 25, 2024 at 8:41 pm

    Let’s just say Jensen won’t be losing any sleep for the foreseeable future, this was cute though.

    • @StuartJ

      June 25, 2024 at 9:28 pm

      Well he might. His top engineers are all retiring, because their stock optons are worth $10-20M 😂

  18. @whatarefacts4610

    June 25, 2024 at 8:52 pm

    Young people don’t really know the enormous amount of work for an end-to-end full stack solution to be able to even have a slight chance to compete with Nvidia. This is the nth (n > hundreds) startup led by young enthusiastic founder who is going to waste investors’ money.

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Bloomberg Technology

This Week in Tech Earnings and the US Election | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Apple’s and Amazon’s earnings results, and recap a conversation with Intel CEO Pat Gelsinger. Plus, what to expect from the US election next week. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Apple’s and Amazon’s earnings results, and recap a conversation with Intel CEO Pat Gelsinger. Plus, what to expect from the US election next week.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Apple’s Tepid Forecast, China Weakness Spark Concern

Apple, heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market. Deepwater Asset Management Managing Partner Gene Munster joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Apple, heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market. Deepwater Asset Management Managing Partner Gene Munster joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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Amazon Rises the Most Since February After Earnings

Amazon reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs and put the cloud computing and e-commerce giant on sounder footing. Ramiz Chelat, portfolio manager at Vontobel Asset Management, joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this…

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Amazon reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs and put the cloud computing and e-commerce giant on sounder footing. Ramiz Chelat, portfolio manager at Vontobel Asset Management, joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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