Nvidia breached the $1-trillion in market capitalisation on Tuesday, making it the first chip maker to join the trillion-dollar club.
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The company plans to introduce one of the first services that lets companies tap into the potential of generative AI while keeping control over their data.
It’s not every day that Cathie Wood labels a stock market darling of the innovation economy too expensive.
Nvidia is promising to bring a new level of intelligence and interactivity to the realm of dragons and adventure.
Firms and individuals should familiarise themselves with artificial intelligence or risk losing out, Jensen Huang said.
Nvidia is looking to further capitalise on a frenzy that has made the company the world’s most valuable chip maker.
Nearly lost in the euphoria that Nvidia set in motion this week was a warning that not all are going to join in the AI feast.
Some analysts said Nvidia’s results show that the generative AI boom could be the next big driver of growth.
Nvidia’s market value surged by $200-billion to more than $960-billion on the back of AI-fuelled blowout results.
Intel has provided a handful of new details on a chip for artificial intelligence computing it plans to introduce in 2025.