Nvidia reported quarterly sales of $35.08 billion, exceeding expectations of $33.15 billion, demonstrating its dominance in the AI chip market.
Jensen Huang stated that the age of AI is in full steam, emphasizing the significant demand for Nvidia's technology and computing power.
Wedbush analyst Dan Ives described Nvidia as the only game in town for AI, positioning its GPUs as essential resources with $1 trillion in AI capital expenditures on the horizon.
Despite initial drops in share prices after earnings were announced, Nvidia’s stock rebounded, highlighting the resilience and growing trust investors have in the company.
Collection
[
|
...
]