Nvidia, Amazon and Deal
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Even though the costs of keeping up with demand have impacted Nvidia's bottom line, its $45 billion in net income in the first half of the year still rose by 43%. Such growth levels make a 59 P/E ratio easier to justify, even for more conservative investors.
Nvidia CEO Jensen Huang delivered his first keynote at the Washington, D.C., iteration of the GTC developer conference, highlighting the deepening relationship between the world’s leading chip maker and the U.
We're still in the early innings of deploying large-scale computing power, which is why orders keep coming in for Nvidia's GPUs. This is why Nvidia's $500 billion in orders for its computing systems is a huge deal, as it represents a significant uptick in growth.
Nvidia's secret to success isn't what most investors think. I recently wrote about how to find the next Tesla. And the answer wasn't as obvious as you might think. That's because investors often confuse results with process.
"The virtual cycle of AI has been designed, and this is ... the reason why you're seeing the world's capex going so fast," Nvidia CEO Jensen Huang said.
Nvidia has joined forces with Indian and US investors, pledging over $850 million to bolster India's deep-tech startups. The India Deep Tech Alliance
Nvidia became the world’s first $5 trillion company on Wednesday, a milestone that is both wild and incomprehensible. Like, what is money anymore? Dave Lee informs us that it only took Jensen Huang’s chipmaker mere seconds — ok,
Nvidia created trillions in value in just a few years, transforming the composition of the major U.S. stock market indexes.