Nvidia posts strong results as CEO sees AI demand “accelerating”

Nvidia stock tops $1000 on strong earnings as AI demand cranks up

Nvidia’s CEO Jensen Huang said Wednesday that demand for generative artificial intelligence training is “accelerating,” as the AI-chip designer posted quarterly earnings that beat market expectations.

Why it matters: Dubbed the most important stock on planet earth by Goldman Sachs, the company is the main bellwether for the pace of AI progress.

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Nvidia posts strong results as CEO sees AI demand “accelerating”

Nvidia stock tops $1000 on strong earnings as AI demand cranks up

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