Nvidia’s earnings could turn around the ailing AI trade

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Nvidia Noticias

Nvidia,Microsoft,AI Company

Nvidia will report its fiscal Q2 earnings on Aug. 28, and if the results are as stellar as they've been in recent quarters, it could help turn around the AI ...

), three of AI’s biggest players, are down over the last month, with Google parent Alphabet dropping 14%, Amazon off about 8%, and Microsoft falling more than 7% as of Thursday.), confirmed they’ll continue to pour billions of dollars into building out their AI infrastructure over the coming quarters — without providing much insight into when they’re going to turn all of that spending into revenue. That, along with the recent market turmoil, has), still has to report its earnings.

Nvidia, unlike software companies, also benefits from the fact that its products have a real tangible benefit for its customers now. Hyperscalers are putting the company’s chips to work as fast as they can to develop and power AI models. But AI-powered software is still in a foggy kind of testing phase. Companies are implementing AI enterprise software, but it’s not as though its impact on their employees’ productivity will skyrocket overnight.

Rimac squeezes more power into its new all-electric hypercar Nevera R. And it only starts at $2.5 million

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nvidia stock surges as chip stocks lead market reboundNvidia shares rallied Thursday with the broader markets after an attempted rebound
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »