Nvidia earnings boomed and the CEO touted the "next industrial revolution." Will the AI chip leader lift the market rally? 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•
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