No single stock has
embodied the U.S. market’s artificial intelligence fervor as
much as Nvidia Corp, leaving Wall Street tied to the
fluctuations of its volatile shares. The.
No single stock has embodied the U.S. market’s artificial intelligence fervor as much as Nvidia Corp, leaving Wall Street tied to the fluctuations of its volatile shares. The semiconductor company, whose chips are considered the gold standard in the AI industry, forecast fiscal first-quarter revenue above estimates after the market closed on Wednesday in one of the most highly anticipated earnings releases in recent memory. Given the company’s status as a bellwether of the AI industry and its heavy weighting in U.S. indexes, the way investors react to its earnings report in coming days could offer a glimpse of whether risk appetite continues to thrive in a stock market that has cruised to record highs despite climbing Treasury yields and fading hopes that the Federal Reserve will begin cutting rates in coming months.
Nvidia Makes History: Records Astounding $60 Billion in Revenue Milestone techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.