Nvidia’s stock price is up more than 140% since the beginning of this year—here’s what gives the company an edge

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Generative AI أخبار

Artificial Intelligence,Personal Investing,NVIDIA Corp

Demand for AI products has pushed Nvidia into the trillion-dollar market cap club. Here's why.

after the stock market's close on Wednesday, beating analysts' expectations, according to LSEG estimates. Nvidia reported $30.04 billion in revenue for its fiscal second quarter, a 122% surge compared with the same period last year.

It may be tempting to go all in on a given company following a wave of positive news. However, before you part with your investment dollars, it's important to understand crucial elements of the business, including what the company does and what gives it an edge.by Jensen Huang, Curtis Priem and Chris Malachowsky. The trio envisioned creating computer chips that could bring 3D graphics to gaming and went on to create its graphics processing unit in 1999.

It's estimated that Nvidia dominates between 70% and 95% of the market for AI chips that are used to train and power AI models like OpenAI's ChatGPT, according to Mizuho Securities' data

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Nvidia stock slips even after earnings top estimates and demand for AI chips surgesNvidia reported a quarterly profit that exceeded Wall Street estimates, but investors seemed less than impressed.
مصدر: latimes - 🏆 11. / 82 اقرأ أكثر »

Nvidia stock slips even after earnings top Wall Street estimates, demand for AI chips surgesNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
مصدر: KTVU - 🏆 465. / 53 اقرأ أكثر »

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgesNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
مصدر: denverpost - 🏆 13. / 72 اقرأ أكثر »

Nvidia stock slips despite 2Q earnings topping Wall Street estimates, high AI chip demandNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia's place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
مصدر: KPIXtv - 🏆 443. / 53 اقرأ أكثر »

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgeNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
مصدر: denverpost - 🏆 13. / 72 اقرأ أكثر »