Reported about 2 months ago
Nvidia's stock is climbing ahead of its quarterly earnings on August 28, with Analyst Mark Shmulik suggesting that tech giants prioritize AI investments to avoid underinvestment risks. While tech valuations have cooled, he's optimistic about the sector's growth as companies like Google start seeing tangible returns from their AI initiatives. Shmulik also identifies Meta as a strong investment case in the AI space.
Source: YAHOO