Nvidia and other chip stocks surge with no sign of AI spending slowdown — for now

Nvidia and other chip stocks surge with no sign of AI spending slowdown — for now

Nvidia’s (NVDA) record close on Monday comes as AI hardware stocks continue a recent tear fueled by investor enthusiasm over surging artificial intelligence demand. Nvidia shares are up 8% from last week, pushing the chipmaker closer to unseating… Article Source https://finance.yahoo.com/news/nvidia-and-other-chip-stocks-surge-with-no-sign-of-ai-spending-slowdown–for-now-212335257.html

Temporary Sales Slowdown Seen by Nutanix CEO – SiliconANGLE

Temporary Sales Slowdown Seen by Nutanix CEO – SiliconANGLE

Nutanix Inc. and its Chief Executive Rajiv Ramaswami are facing a stock drop of more than 20% after a disappointing outlook in yesterday’s earnings call. Ramaswami remains optimistic, stating that the sales slowdown is temporary and that large contracts in negotiation will boost the company’s fortunes soon. Despite this setback, Nutanix reported positive news during … Read more