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Nvidia's Earnings Report to Provide Update on AI Progress

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Nvidia,Earnings Report,AI Progress

Nvidia's earnings report will provide an update on the progress it has been making with its AI push, which has lifted the shares up more than 245% this year. Shareholders will also be on the lookout for the company's next move in the AI sector.

It's been a wild few days for the tech community after the firing of OpenAI CEO Sam Altman, and then his hiring by Microsoft, and ongoing unrest amid the engineers piloting artificial intelligence (AI) technology. Nvidia's earnings, due Tuesday after the closing bell, will be another chapter for the AI world as the company provides a fresh update on the progress it has been making with its AI push, which has lifted the shares up more than 245% this year.

NVIDIA INVESTORS CELEBRATE WINNING WEEK To date, Nvidia has a list of noted U.S. customers, including Microsoft, Amazon, Google, Meta and OpenAI, to name a few. FOX Business previews Nvidia's highly anticipated report. Alongside the financial data in Tuesday’s report, Nvidia shareholders will be on the lookout for the company’s next move in the AI sector. Nvidia launched its latest ethernet networking AI platform on Monday, saying it will soon be available through its customers’ Dell Technologies, Hewlett Packard Enterprise and Lenov

 

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