Nvidia’s stock has surged 45% to $800 year-over-year, propelled by their advanced AI chips, essential for expanding AI infrastructures.
Microsoft’s CEO: “Nvidia’s technology is central to our AI expansion.”
Google’s CEO: “Their chips are pivotal for our AI services.”
These AI chips, known for boosting deep learning and data processing, are in high demand as tech giants like Microsoft and Google invest heavily in AI.
Sources: Barron’s