Investing.com-- Shares of Nvidia’s Asian suppliers rose on Thursday, cheered by the prospect of sustained demand from the artificial intelligence industry as the chipmaker clocked stronger-than-expected quarterly earnings.) surged to a record high in aftermarket trade, after its first-quarter earnings beat expectations and as the firm also offered robust revenue guidance for the current quarter.
The rush into generative AI, which was triggered by the release of OpenAI’s ChatGPT in late-November, has been a key driver of demand for the chip industry, which was otherwise grappling with a pronounced slowdown in technology investment.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »