seeing demand soar with the rise of ai. senior equity analyst dan ives told us he s impressed by nvidia s performance. let s talk now to russ mould, investment director at aj bell talk to me about how important this is, we know that al is a new buzzword, but there is a company cashing in on al. the buzzword, but there is a company cashing in on al. buzzword, but there is a company cashing in on al. the first way this is. cashing in on al. the first way this ism nvidia cashing in on al. the first way this is. nvidia is cashing in on al. the first way this is. nvidia is very cashing in on al. the first way this is. nvidia is very good cashing in on al. the first way thisl is. nvidia is very good at machine learning, it has noise in the financial times about middle eastern and chinese bulk buying these products. the chinese, in case there are sanctions against them, there is are sanctions against them, there is a huge gamble on there. nvidia is capitalising. we are with
we start in russia, where the wagner group founder, yevgeny prigozhin, is presumed dead after his plane crashed in the north west of the country. he led a failed mutiny in russia backin he led a failed mutiny in russia back injune. this image has been confirmed by bbc verify as being from the crash scene near moscow. aviation officials in russia say yevgeny prigozhin was on board the private jet. and that all ten people on board were killed. the uk government says it is monitoring the situation. president biden said he was not surprised at what had happened. our russia editor, steve rosenberg, sent this report. caught on camera the final seconds of a private jet. on board, reportedly, the head of the wagner mercenary group, yevgeny prigozhin. look over there by the farm, it s burning, the eyewitness can be heard saying. in the distance, a giant cloud of smoke. the embraer plane had crashed in the tver region of russia, north of moscow. mr prigozhin s right hand man, wagne
The ai gold rush pays off sales double at the chip giant nvidia. and bucking the trend, why cities in asia are managing to get more people back to the office. welcome to world business report the chip designer nvidia has seen its sales more than double and says it will buy back $25 billion worth more of its shares. it s share price soared in after hours trading. that is on the back of those results. the company already hit a more than one trillion dollar value earlier this year. its chips power nearly all the world s major artificial intelligence apps,
If you went back, the winners didn t exist then and for nvidia, don t exist then and for nvidia, don t exist now. the other implication of the stock market is that nvidia has a valuation of more than $1 trillion for shares, the six most valuable companies in the world, one of the companies in the world, one of the companies that has driven us stock market performance. it has to keep the stock market buoyant. i back it is astonishing that it is one of the world s most valuable companies, yet many will not have had a bit. chances are, increasingly, they will be using it. i am looking at the numbers. one of the chips, d h 100, it sells for £40,000 $40,000. numbers. one of the chips, d h 100, it sells for £40,000 $40,000. it is a big payday. you could flip that around and say, how many companies can in the end have a profitable enough business model to sustain regular purchase of those products? now, the chief executive of nvidia brushed that off, yesterday saying
The ai gold rush pays off sales double at the chip giant nvidia. and bucking the trend, why cities in asia are managing to get more people back to the office. welcome to world business report the chip designer nvidia has seen its sales more than double and says it will buy back $25 billion worth more of its shares. it s share price soared in after hours trading. that is on the back of those results. the company already hit a more than one trillion dollar value earlier this year. its chips power nearly all the world s major artificial intelligence apps,