Daily ScoopšØ: Nvidia (NVDA) Will Bloom, Trillion Dollars Makes A Difference
Nvidia Corp. shares are surging for a third day as Elon Musk fueled the artificial-intelligence frenzy by accelerating his challenge of OpenAI, extending a post-earnings rally thatās added some $470 billion to the chipmakerās market capitalization.
Nvidia stock rose on Tuesday after Muskās artificial-intelligence startup, xAI, raised $6 billion from investors. The Information reported that Musk aims to connect groups of Nvidiaās H100 graphics processing units to construct an xAI supercomputer.
Nvidiaās three-day rally has now reached 20% after its blockbuster earnings report impressed investors. The chipmaker said last week that its second-quarter revenue will be about $28 billion, topping analystsā expectations and signaling to traders that the runaway surge in stocks linked to AI computing isnāt slowing down yet.
Despite Trump's folly in igniting the tariff bomb with US and China not letting up on trade unpredictability.
The 800-Pound Gorilla Nvidia with the Sales growth numbers that are huge is fighting tooth and nail to navigate the tariff wars with better and stronger focus on client acquisitions.
This gorilla wants you to sign a petition to allow freedom of AI projects with chips available all over the world without tariffs.
Modify on 2025-04-27 08:12
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