How the AI Boom Could Be Nvidia’s ‘iPhone Moment’

Nvidia’s stock soared on Thursday after the chipmaker reported better-than-expected first-quarter earnings, beating analysts’ expectations regarding earnings and revenue. The company also provided a revenue forecast for the July quarter way above expectations, citing skyrocketing demand for its artificial intelligence chips with the generative AI boom.
AI Boom Could Mark…

This story appeared on, 2023-05-26.
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