Nvidia's AI Boom: Analysts Predict Positive Earnings

Nvidia stock surged by five percent in premarket trading, as analysts dismissed concerns of an AI boom being an economic bubble. Despite some analysts cautions, the majority remain optimistic about Nvidias future, citing its innovative history and strong position in the AI market. The company, a leading supplier of GPUs, is expected to report positive earnings on August twenty-third, driven by its thriving AI business.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.