Reported about 9 hours ago
Nvidia is experiencing a remarkable recovery, with its stock price rising significantly due to a surge in demand for its AI chips and a successful ramp in its Blackwell chip line. The company's growth is also driven by partnerships with major hyperscalers like Amazon and Microsoft, and initiatives focused on sovereign AI, which allows countries to build their own AI data centers. CEO Jensen Huang envisions substantial expansions in Europe and is exploring opportunities in physical AI necessary for robots and self-driving cars, even amidst competition from rivals.
Source: YAHOO