Nvidia bets $25 billion that AI boom is far from over | Business Information & News | Westlaw

Nvidia bets $25 billion that AI boom is far from over | Business Information & News | Westlaw

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Nvidia bets $25 billion that AI boom is far from over

Max Cherney; San FranciscoREUTERS (Approx. 4 pages)

Nvidia bets $25 billion that AI boom is far from over

Max Cherney; San FranciscoREUTERS (Approx. 4 pages)

8/24/23 REUTERS 01:14:50
REUTERS
Copyright (c) 2023 Thomson Reuters
August 24, 2023
Nvidia bets $25 billion that AI boom is far from over
Max Cherney; San Francisco
Sonali Paul
Chavi Mehta
Max A. Cherney
Stephen Nellis
(Reuters) -Nvidia's CEO Jensen Huang said he expects the artificial intelligence boom will last well into next year and made what could be the largest single bet yet in the tech sector to back up his optimism.
The company's sales forecast on Wednesday...
---- Index References ----
Company: NVIDIA CORPORATION; SUMMIT INSIGHTS GROUP LLC; META PLATFORMS, INC.
News Subject: (Major Corporations (1MA93))
Industry: (Artificial Intelligence (1AR14); Computer Equipment (1CO77); Computer Graphics Hardware (1VI55); Computer Peripherals (1CO58); Consumer Video Products (1CO02); Electronic Components (1EL91); Electronics (1EL16); I.T. (1IT96); Science & Engineering (1SC33); Semiconductor (1SE88); Semiconductor Applications (1SE81); Semiconductors in Graphic Devices (1SE08); Software (1SO30); Software Technology (1SO75); Trends in Technology (1TR23))
Language: EN
Other Indexing: (SemiAnalysis; Nvidia; Summit Insights Group; Meta Platforms)
Keywords: ip
Word Count: 675
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.