Why Nvidia beat estimates, again
Source: Washington Examiner · Bias: Center Right
Summary
The technology giant Nvidia just reported a great fourth quarter. The company operates on a January fiscal year. It comfortably beat analyst expectations, primarily because of the explosion in artificial intelligence infrastructure spending. Importantly, the largest U.S. data center companies just announced dramatic increases in artificial intelligence capital spending. Spending by the so-called hyperscalers will rise well over […]
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