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AI Boom or Bubble? Nvidia Tries to Calm Market Fears

Talk of an AI investment bubble has been circulating for well over a year. And although Nvidia’s latest quarterly performance was meant to calm those fears, the results didn’t entirely do the job. This week, Nvidia reported year-over-year revenue and profit growth exceeding 60%, beating estimates by a wide margin. CEO Jensen Huang described demand […]

25 days ago More
 

OpenAI’s $26 Billion AMD Deal Challenges Nvidia’s AI Chip Dominance

In a bold move set to reshape the artificial intelligence hardware landscape, OpenAI announced it will purchase 6 gigawatts of computing power from data centers powered exclusively by AMD chips—posing a serious challenge to Nvidia’s long-standing supremacy in the AI sector. OPENAI DIVERSIFIES ITS CHIP SUPPLY AMID EXPLOSIVE AI GROWTH Nvidia has dominated the AI […]

2 months ago More