Nvidia's biggest issue could be running into a growth wall: Paul Meeks

The AI trade is still alive and well! Chip powerhouse Nvidia (NVDA) beat its fiscal first-quarter earnings, reported on Wednesday, and CEO Jensen Huang believes artificial intelligence will continue to be a "giant market opportunity" for the company. Creative Strategies CEO and Principal Analyst Ben Bajarin and Harvest Portfolio Management Co-CIO and Wall Street Beats Partner Paul Meeks sit down with Yahoo Finance's Market Domination to share their perspectives on Nvidia's positive quarter and where the company can go in artificial intelligence inferencing, or the process of training an AI model by running new data through it. "This is where the works really gotta come in to really understand where these workloads are going to go. Looking at where a lot of big businesses and enterprises are going to want to run their workloads, either in the cloud or on PRAM, and I do believe there's something to this," Bajarin lays out. "AI factories, sovereign AI, that's going to happen. But does that mean that's totally Nvidia systems? I think that's that's still an open question. It's really going to come down to cost." Bajarin and Meeks also weigh in on where other hyperscaler cloud service providers and PC companies fit into the greater AI race. For more of everything Nvidia, catch Yahoo Finance's exclusive interview with CEO Jensen Huang.
#youtube #Nvidia #news
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: www.instagram....
TikTok: www.tiktok.com...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

[@daryaanisimova6556]

Wow, looks very impressive. Thanks for sharing

[@lokesh303101]

Someone is Jealous.

[@dgaz3057]

After Blackwell the Quantum chip

[@TuyenHuynh-cl7ec]

Growth has already slow down