US Nvidia sees its highest stock prices in sight again as AI investment boom continues.
August 22, 2024 2:56 JST (excerpt)
Potential for Nvidia's earnings next week to push the stock price back to record levels.
"Building AI infrastructure is far from complete" - Mr. Swartz
Potential for Nvidia's earnings next week to push the stock price back to record levels.
"Building AI infrastructure is far from complete" - Mr. Swartz
Amid swirling questions about US monetary policy, economic conditions, and the US presidential elections, there is at least one thing that is clear on Wall Street. Spending on artificial intelligence (AI) remains a top priority.
Companies are investing billions of dollars in building AI infrastructure and services, with those benefiting companies, particularly nvidia, seen as having solid growth prospects. Nvidia's earnings next week are expected to highlight the strength of AI demand, potentially pushing the stock price back to record highs.
Companies are investing billions of dollars in building AI infrastructure and services, with those benefiting companies, particularly nvidia, seen as having solid growth prospects. Nvidia's earnings next week are expected to highlight the strength of AI demand, potentially pushing the stock price back to record highs.
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