Nvidia’s growth and Intel’s chip-making plans depend on AI fulfilling its promise
“AI demand isn’t slowing; it isn’t stopping, and those who claim this is a phase or a hiccup in the market are clearly missing the significance.”This has been a big week for investors banking on the inevitable growth of artificial intelligence. After the U.S. market’s close on Wednesday, Nvidia NVDA, +16.40%released earnings that exceeded expectations. Also on Wednesday, another important event in the tech field took place: Intel’s INTC, -1.13%first-ever chip
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