Nvidia's latest financial report exceeded expectations, mainly due to the sale of microchips, with revenue rising by nearly 80% year-on-year. The company emphasized that artificial intelligence is about to usher in a revolution, with data center revenue dominating the business, and the stock price experiencing some fluctuation. Nvidia focuses on AI development, while other American companies are also increasing their AI investments. BTC's shift to AI business to drive growth is seen as favorable information for Nvidia's decline. Optimizing AI expenses may mitigate inflation.
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Nvidia's latest financial report exceeded expectations, mainly due to the sale of microchips, with revenue rising by nearly 80% year-on-year. The company emphasized that artificial intelligence is about to usher in a revolution, with data center revenue dominating the business, and the stock price experiencing some fluctuation. Nvidia focuses on AI development, while other American companies are also increasing their AI investments. BTC's shift to AI business to drive growth is seen as favorable information for Nvidia's decline. Optimizing AI expenses may mitigate inflation.