BUBBLE FEARS EASE BUT INVESTORS STILL WAITING FOR AI TO LIVE UP TO ITS PROMISE
https://s.yimg.com/ny/api/res/1.2/9ujZXfSNh3ORwXwRQL5rkw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/ap_finance_articles_694/ce373c820c23ca54ddb4f09ffd9db411
βοΈ Nvidia's stellar earnings report has eased concerns about an artificial intelligence (AI) bubble, with the company's revenue increasing by 62% year-over-year.
π Nvidia's revenue increased by 62% year-over-year π The company forecasted a 65% year-over-year increase for the current quarter π AI spending is accelerating, with worldwide spending expected to rise to over $2 trillion next year π Big Tech companies are investing heavily in AI, with some relying on debt to fund their ambitions
-- #JensenHuang #TimothyArcuri #JakeBehan #ChrisZaccarelli #StanChoe #SantaClara,California #NewYork #technology
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