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
Source: moneycontrol.com