From Nasdaq: 2024-05-29 05:06:00

The buzz on Wall Street has shifted to artificial intelligence (AI), with projections of AI adding $15.7 trillion to the global economy by the end of the decade. Companies like Nvidia are at the forefront of this revolution, with their fiscal first-quarter results exceeding all expectations. However, with competition from Intel and AMD on the horizon, Nvidia’s stock may have peaked despite strong earnings.



Read more at Nasdaq: Nvidia’s “Blowout” Quarter Contained a Subtle Warning That Most Investors Likely Missed