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Prediction: This Magnificent 7 Stock Will Rally Through Summer

Prediction: This Magnificent 7 Stock Will Rally Through Summer
247wallst.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 247wallst.com Daily Mail and Mail on Sunday newspapers.

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Nvidia CEO Jensen Huang: We're building AI factories

Nvidia CEO Jensen Huang: We're building AI factories
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NVIDIA announced yet another blowout financial report for the third quarter of 2023

NVIDIA recorded revenues of $18.12 billion for the third quarter of 2023, up from just $5.9 billion in the same period a year ago. However, shares in the company were down in after-hours trading ....

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The generative AI boom caused NVIDIA to double its revenues to $13.51 billion for Q2 2023

NVIDIA also recorded net income of $6.188 billion for the second quarter of 2023, up from just $656 million in the same period a year ago. Its shares were up 8 percent in after-hours trading ....

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Intel results reveal a push to address AI shortcomings

The chipmaker has been impacted by poor PC sales but aims to drive adoption of its AI inferencing technology ....

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