AI
Nvidia sales jump 56%, a sign the AI boom isn’t slowing down
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Nvidia, the artificial intelligence chipmaker, was crowned the world’s first $4 trillion public company last month and has become perhaps the most important factor determining the direction of the stock market.
On Wednesday, the Silicon Valley company reported results that showed that spending on AI infrastructure remains robust, easing the anxieties of Wall Street and investors around the world.
Concerns over whether tech companies would continue shelling out billions to build AI data centres — spending that has helped prop up the economy — had…
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