As another week wraps up, the tech world remains abuzz with developments in artificial intelligence (AI). Dominating the headlines is Nvidia Corp. NVDA, with analysts predicting a bright future for the company‘s AI ventures. Meanwhile, tech moguls like Elon Musk and Michael Dell share their thoughts on the rapid evolution of AI. Here’s a quick round-up of the top stories.
Nvidias AI Party Just Getting Started
Despite Nvidia‘s recent rise to become the world’s largest company, surpassing Microsoft Corp.MSFT, Bank of America equity analyst Vivek Arya maintains a positive outlook on the chipmaker. Arya believes that while Nvidia‘s sharp rise might prompt short-term profit-taking, any resulting volatility is likely to be short-lived due to the company’s robust fundamentals and attractive valuations. Read the full article here.
Nvidia CEOs Advice to Graduates
Jensen Huang, CEO of Nvidia, recently encouraged Caltech graduates to seek out untapped markets and view setbacks as growth opportunities. Speaking at the Caltech graduation ceremony, Huang shared his experiences in the tech industry, emphasizing the importance of identifying and investing in “zero-billion-dollar markets,” which have the potential to become billion-dollar industries in the future. Read the full article here.
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