Nvidia (NVDA -1.11%) embodies the promise of AI. The chip maker’s shares have skyrocketed more than 170% so far this year. Why? Artificial intelligence is driving huge demand for the company’s graphics processing units (GPUs). Many investors wonder if it’s too late to jump on the Nvidia bandwagon. The most famous investor of all, Warren … Read more
FairytaleDesign/iStock via Getty Images Summary of the thesis NVIDIA Corporation (NVDA) has, rightfully, garnered considerable interest following its latest earnings report. NVDA is leading the AI revolution with its best GPUs and related software. There isn’t much competition at this point for NVDA, but that will eventually change, as the opportunity presented is too great. … Read more
Snowflake should emerge as a long-term AI winner despite a string of short-term snowstorms, Wall Street analysts think. Cloud stock fell more than 16% on Thursday after the company shared product revenue guidance that fell short of consensus expectations and results that pointed to slowing growth. Wolfe Research downgraded Snowflake to outperform from outperform, citing … Read more