Nvidia excels in AI GPUs while Snowflake offers cloud-based data warehousing

From Nasdaq: 2024-05-30 05:10:00

Nvidia (NASDAQ: NVDA) and Snowflake (NYSE: SNOW) offer different investment opportunities in the AI market. Nvidia dominates in GPUs for AI tasks, while Snowflake provides cloud-based data warehousing for easy data access. Nvidia’s stock soared on strong earnings, while Snowflake’s slumped due to missed estimates and a murky outlook. Nvidia’s growth, driven by data center GPUs, outshines Snowflake’s cooling revenue growth and high valuations. With Nvidia’s solid performance and growth potential, it remains the top choice for investors interested in the AI market.



Read more at Nasdaq: Better AI Stock: Nvidia vs. Snowflake