- Reuters
Nvidia CEO Huang expects AI-generated videos to drive more demand for its chips
For chip designer Nvidia, the generative artificial intelligence boom is the gift that keeps on giving. After riding a demand surge sparked by Big Tech's rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and engaging in human-like voice interactions to spur more orders for its graphics processors. The need for more computing power to train and run advanced AI systems has buoyed demand for Nvidia's Grace Hopper chips such as the H200, which was first used in OpenAI's GPT-4o - a multimodal model capable of realistic voice conversation with the ability to interact across text and image.
- Investor's Business Daily
Dow Jones Futures Rise; Nvidia Stock Tops 1,000 On Earnings, Other AI Plays Rally
Nvidia earnings boomed and the CEO touted the "next industrial revolution." Will the AI chip leader lift the market rally?
- Motley Fool
Where Billionaire David Tepper Invests $6.75 Billion
There were some surprising buys and sells in the quarter.
