It’s Nvidia’s World: How Advisors See the Next Phase of AI
Sometimes it feels like it’s Nvidia’s world, and we are all just living in it. As we brace for the firm’s latest earnings report coming Wednesday, we could say that Nvidia (NVDA) earnings — and more importantly, its forward guidance — have become much more than a par-for-the-course quarterly disclosure. They are now a referendum of sorts on the durability of the artificial intelligence (AI) theme.
With mega tech AI capital expenditure projected to cross a staggering $660 billion to $750 billion, according to estimates from firms like Goldman Sachs, CreditSights and Bloomberg, saying the stakes are high for Nvidia and the AI ecosystem is an understatement. It’s no wonder we can focus on little else this week.
See more: Capitalizing on the Nvidia Catalyst via Video Game Value Chains
Going into this week’s quarterly read into the state of Nvidia affairs, there’s plenty of other noise going on about AI’s state of affairs. Specifically, the ongoing chip shortage, demand outstripping supply, and concerns about valuations across the AI ecosystem.
Source: https://etfdb.com/artificial-intelligence-content-hub/how-advisors-see-the-next-phase-of-ai-nvidia-s-world/
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