Nvidia's data centers are crucial for generative AI platforms, leading investors to scrutinize Q2 revenue as a strong indicator of AI sector demand and future growth.
Nvidia's shares skyrocketed from below $15 to over $130 in just 18 months, reflecting its pivotal role in the AI boom and a major shift in market dynamics.
Despite a recent drop from $134 to below $99, Nvidia's recovery above $128 signals investor optimism, particularly before the critical Q2 earnings report.
With a market capitalization of $3.16 trillion, Nvidia is now among the world's most valuable companies, underscoring its dominance in the AI chip market.
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