Why Nvidia’s Huge Numbers Don’t Settle the Latest AI Fears
Market Intelligence Analysis
AI-PoweredNvidia's strong fiscal fourth-quarter results, with revenue exceeding expectations, solidify its position as the leader in artificial-intelligence computing, despite concerns about AI's impact on the market.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Nvidia now makes more revenue in a single quarter than most other chip companies generate in an entire year. The chip maker’s fiscal fourth-quarter results Wednesday showed why the company remains the undisputed leader in artificial-intelligence computing. Nvidia projected an even higher growth rate for the current quarter, and that forecast actually beat Wall Street’s consensus target by the widest range in two years, according to FactSet data.
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