Nvidia stock rides the AI wave with more to come
Nvidia’s latest stock pop came after the company projected $11 billion in sales for the quarter ending in July, beating estimates of about $7.18 billion for the quarter. It has been helped by the coming of generative AI, which is forcing the world’s $1 trillion in installed data center infrastructure into extensive upgrades to accelerate computing power and significantly cut energy and costs
Stacy Rasgon Jensen Huang Sanfordc Berstein Bloomberg Amanda Albright David Tepper Stanley Druckenmiller
Source: moneycontrol.com