The company’s new AI chip looks like a runaway hit. Why the shares might resume their long-term rise. Read More...
Nvidia’s Sales Triple, Signaling AI Boom’s Staying Power
Nvidia delivered a record quarter and signaled that the AI boom is still going strong, driving its already meteoric stock up Wednesday evening above $1,000 a share. The chips made by Nvidia have powered the rise of artificial intelligence, which is threatening to disrupt virtually every major industry. Chief Executive Jensen Huang declared the beginning of a new industrial revolution where Nvidia was helping turn $1 trillion of data centers into “AI factories.”
The Wall Street Journal•
Add Comment