Nvidia’s meteoric rise in the past few years has been good news for its CEO, Jensen Huang. The chipmaker hit a trillion-dollar valuation in 2023 and has shown few signs of slowing down amid the Read More
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Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 7.8% in the afternoon session after CEO Jensen Huang declared that the $660 billion tech industry investment in AI infrastructure is sustainable and justified. Addressing concerns Read More
Investing.com — Nvidia Corp. Chief Executive Officer Jensen Huang defended the current level of AI infrastructure spending, calling it appropriate and sustainable amid investor concerns about tech companies’ capital expenditures. Speaking to CNBC on Friday, Read More
Big Tech CEOs this week brushed aside worries that AI will evaporate the competitive moats of established software companies, even as those firms have seen their stocks plunge in a steep, months-long sell-off. Speaking during Read More
00:00 Speaker A Some viewers might be wondering, why does Nvidia’s Jensen Wong, why does he want to invest in Open AI and Anthropic in the first place? Like what’s the move? What’s Read More
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) shares slid about 1.5% on Monday after a report said its planned investment in OpenAI may not move forward as first outlined. The Wall Street Journal reported Read More