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Transcripts For BBCNEWS Asia 20240706

that would hurt millions of americans. and there s a reason world leaders were worried about this. this would have impacted the global economy. something that did rally wall street though today was the chip maker nvidia. for about 5 minutes it was part of the elite club of us companies worth a trillion dollars. the company s share price shot past $412 on tuesday, having risen by more than 30% since last week. other companies part of the trillion dollar club are apple, amazon and alphabet. the bbc s north america business correspondent samira hussain reports from new york. for a brief few moments nvidia was able to call itself a chilling dollar firm the search came up to the chip maker shocked analyst by forecasting a surge in demand for its products because of advances in artificial intelligence or ai. artificial intelligence or al. the hardware made by nvidia underpins most ai applications today with one report suggesting it has cornered 95% of the market for machine l ....

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Transcripts for BBCNEWS Asia Business Report 20240604 23:32:00

Artificial intelligence or al. the hardware made by nvidia underpins most ai applications today with one report suggesting it has cornered 95% of the market for machine learning. over the past 12 months nvidia s share price has more than doubled. investors are betting the company will be able to profit from its foresight in developing chips that are easily adaptable. and of course ai is the next hot thing intact and certainly an area with a lot of growth potential. but now there are questions about whether nvidia has ability to keep up with this demand especially as of the demand especially as other chip makers like intel and amd try to get in the game. staying with chips. collaborating to make advanced chips together. tokyo is also agreed to match washington s ....

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