Nvidia gains $185bn in value after predicting AI-driven boom in chip demand

Nvidia gains $185bn in value after predicting AI-driven boom in chip demand

11 months ago
Anonymous $KxGqLmj_R3

https://www.theguardian.com/business/2023/may/25/nvidia-shares-leap-ai-boom-chip-us-tech-firm-valuation

Shares in US tech firm jump by 25% in early trading as quarterly revenue forecast excites investors

The value of the US tech company Nvidia has soared by a quarter after it predicted a boom in demand for its computer chips to meet the needs of artificial intelligence products such as ChatGPT.