Danielle KayeBusiness reporter Reuters Chief executive Jensen Huang said sales for some of Nvidia’s AI components were “off the charts” Chip giant Nvidia beat Wall Street’s expectations for revenue and upcoming sales, easing investor concerns about heavy artificial intelligence (AI) spending that have unsettled markets. In its quarterly earnings report on Wednesday, the firm said […]
Tag: shares
Microsoft shares once again surpass $4 trillion valuation, joining Nvidia
Microsoft Corp. once again surpassed $4 trillion in valuation, joining artificial intelligence chipmaker Nvidia in the exclusive club that also briefly included Apple on Tuesday. The sky-high valuations highlight the investor frenzy around artificial intelligence. Earlier in the day, OpenAI said it has reorganized its ownership structure and converted its business into a public benefit […]