Nvidia is winning AI race, but can't afford to trip
Perhaps no tech company, not even Microsoft or Google, is better poised than Nvidia to reap significant near-term benefits from the race to build up generative artificial-intelligence capabilities. Here is the problem: Everyone already knows it. Nvidia's share price has more than doubled over the past six months. That makes it the best performing stock in the entire S&P 500 in that time. The chip maker's market value has now surpassed that of Tesla and Facebook-parent Meta Platforms and is close to eclipsing Berkshire Hathaway--all much larger companies in terms of annual revenue.
Mar-24-2023, 05:05:19 GMT
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