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Chipmaker Nvidia notched $30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in…
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https://techcrunch.com/2024/10/08/tensorwave-claims-its-amd-powered-cloud-for-ai-will-give-nvidia-a-run-for-its-money/
Good morning from Riyadh, where I’m attending the eighth annual conference of the Future Investment Initiative (FII) Institute. This is…
Nvidia’s stock surged 25% since September, nearing its all-time high. OpenAI’s $6.6 billion funding last week preceded the stock’s ascent.…
You’ve probably heard the adage, “Birds of a feather flock together.” This old saying is often applicable to stocks. Good…