Top 500 supercomputers list shows positive trends for NVIDIA

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Top 500 supercomputers list shows positive trends for NVIDIA - BofA

Published May 23, 2023 13:44

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Top 500 supercomputers list shows positive trends for NVIDIA - BofA

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BofA said in a note Tuesday that the 60th edition of Top500.org's semi-annual Top 500 supercomputers list shows positive trends for NVIDIA (NASDAQ:NVDA).

Analysts stated that the Nvidia accelerator adoption is strong in high-end systems. They added that as integrating AI functionality becomes more important, accelerator adoption should grow.

The momentum is "positive for NVDA, with leading GPUs that can sustain market leadership," said the analysts. "While AMD is investing/ramping its accelerator portfolio (MI300), products are still in early stages, and formidable competition will likely limit upside over next 1-2 years."

Meanwhile, Wells Fargo analysts said the updated list of the Top 500 global supercomputers "most notably highlights AMD's continued market share traction, while also illustrating the continued expansion of systems leveraging GPUs in which NVIDIA maintains its dominant competitive position."

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