The stock market darling on everyone’s lips is Nvidia, which makes the processing chips that power everything from home computers to industrial machinery to cutting-edge artificial intelligence technology.
On Thursday, the company stunned Wall Street with results that blew the roof off analysts’ expectations, reporting $13.5bn in quarterly profits, $2bn higher than pundits had predicted.
Why did chip-maker Nvidia’s profits soar and is it living in a tech bubble? comes via ChinaTechNews.com.