Nvidia Reignites the A.I. Boom – Here’s What’s Next
We heard from arguably the most important stock in the market yesterday. Not convinced? After recent choppiness, the S&P 500 shot back up to all-time highs. Nvidia’s (NVDA) 15% pop vaulted it up to the fourth most valuable stock in the world, now worth $1.9 trillion. Yes, Nvidia makes advanced computer chips. But more importantly, those chips are in extremely high demand for artificial intelligence applications. Its earnings yesterday were not just a referendum on the company but on A.I itself.