|Nvidia to Play Big Role in ‘Huge’ Wal-Mart Cloud Push, Says Global Equities |
Wal-Mart is building out its cloud computing network, OneOps, to one-tenth the size of Amazon's AWS, writes Trip Chowdhry of Global Equities, and Nvidia GPU chips will play a major role, he believes.
By Tiernan Ray
Aug. 29, 2017 3:26 p.m. ET
Trip Chowdhry of the boutique firm Global Equities Research today reiterates his upbeat view of Nvidia ( NVDA), after gathering details about what he expects is Wal-Mart’s (WMT) increasing usage of the company’s graphics chips, or GPUs, for machine learning.
"Within [the] next 6 months or so, Walmart is going full steam with DNN (Deep Neural Networks) and will be creating its own NVDA GPU Clusters on Walmart Cloud,” writes Chowdhry, referring to a cloud computing network the company acquired in 2013 called “OneOps."
"This is incrementally positive for NVDA's GPU Business,” he writes.
Without citing specific sources, Chowdhry offers some details he's gleaned from researching Wal-Mart’s setup:
Walmart’s NVDA GPU Farm will be about 1/10 th the size of AMZN-AWS GPU Cloud, which is huge!! Walmart NVDA GPU Clusters will run Ubuntu Linux and not Red Hat Linux Walmart is working with Anaconda to create custom DNN (Deep Neural Network), and Jupyter Notebook. Walmart will be running a hybrid of CNN (Convolution Neural Network) and RNN (Recurrent Neural Network).
Chowdhry advises that “investors should not underestimate the Technology acumen of Walmart Software Developers,” adding, "we have seen them present at various conferences, they are as smart as Google or Facebook engineers."
Nvidia stock today is up 40 cents at $165.34.