Nvidia adds $79 billion in market cap after CEO talks up AI in earnings

"Nvidia AI as a service offers enterprises easy access to the world's most advanced AI platform, while remaining close to the storage, networking, security and cloud services offered by the world's most advanced clouds," Huang explained.

"We believe the acceleration in AI development/adoption across cloud hyperscalers as well as enterprises will, if anything, serve to extend the company's leadership position as customers with any sense of urgency will lean on solutions that are scalable and available today," Goldman said. Also boosting Nvidia's stock was positive comments from the company's CFO, Colette Kress, saying that its data center business is expected to grow and that the recent downturn in its gaming division appears to have bottomed.

good thing rev only down 20% yoy and eps down 30%

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