all eyes will be on jerome powell s speech tomorrow will be deliver on 10:00 a.m. eastern time. we ll be looking out at messaging. and inflation now in the u.s. is sitting around 2.2%. a year ago we were sitting at 8%. the messaging today needs to be a little more balanced in terms of where the fed is headed next, but a big event for anyone watching these markets. a major chip maker also posted second quarter results after the bell, and it didn t disappoint. can you tell us more about that? that is right. so nvidia who seem to be the sort of flag bearer for a.i. chip technology posted up what some analysts are calling incredible results. net income grew by 88% from just the first quarter to the second quarter. we re looking at ten fold revenue growth from just a year ago, so really, really very strong results not just for this
Softbank: Since acquiring the chip designer in 2016, Son has positioned Arm as the tech investment conglomerate s crown jewel asset, and in recent months has enthusiastically talked up the role it could play in AI.
AI-enabled Tech: Nearly seven in 10 IT leaders believe that artificial intelligence (AI)-enabled technologies will make teams more efficient globally, a new study said on Friday.
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