Reported about 9 hours ago
Recent announcements from Nvidia and AMD have fueled optimism among investors in AI chip stocks. Nvidia's CEO reported overwhelming demand for its next-generation chip, which is already sold out for the next year, while AMD raised its market size projections for AI accelerators significantly, highlighting strong demand and growing investments in AI technologies. Despite concerns about a potential bubble, experts believe the current AI growth phase still has several years to develop, pointing to solid financial backing from major tech companies.
Source: YAHOO