Reported 2 days ago
Nvidia's AI chips have been instrumental in fueling a $306.5 billion investment boom in AI startups, accounting for nearly half of all US venture capital investments since the rise of ChatGPT in late 2022. As AI companies represent over 70% of recent venture capital deals, Nvidia's GPUs have established significant market demand, leading to a remarkable 670% rise in its stock value. Analysts project continued growth in Nvidia's earnings, reflecting its central position in the ongoing AI revolution.
Source: YAHOO