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Nvidia (NVDA) is gearing up to re-enter the consumer PC space with AI-centric laptop chips set to be launched this year in laptops from Dell Technologies (DELL), Lenovo (LNVGY), and other makers. Though the financial implications of this move will be minimal at the moment, it does reflect Nvidia’s intentions to further strengthen its position in the AI space beyond the datacenter and into the world of edge computing.
The timing of this move also seems quite interesting, with Nvidia shares currently trading at around $197, just below their 52-week high of $212.19. Nvidia has seen a massive rally in recent times due to the AI boom. Wall Street will be keen to see whether the data center business will sustain its explosive growth. Nvidia’s move into AI-powered PCs will add to the strength of its overall strategy in the AI space.