Reported about 1 month ago
Despite Nvidia's impressive earnings report showing a 122% increase in sales and doubled profits, its stock fell by 7%, reflecting Wall Street's growing skepticism about the sustainability of the AI hype. Investors are beginning to reassess the true value of AI technologies, as the initial excitement fades and they seek clarity on how these innovations will generate real revenue. Nvidia, while a dominant player benefiting from AI trends, faces potential risks as tech giants strive to create their own AI solutions.
Source: YAHOO