Nvidia, AI
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"Don't just sell because of the bubble," the legendary hedge fund manager said. Stocks soared on Thursday amid renewed confidence in the AI trade.
Investors are worried that tech companies are overspending on artificial intelligence and there's a bubble that could burst.
Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia.
So, today, in the wake of Nvidia's earnings report, investors may breathe a sigh of relief as Huang offers evidence that the top AI stock isn't in a bubble -- and instead could continue to deliver growth well into the future as the AI boom evolves.
1don MSN
5 biggest takeaways from Nvidia's Q3 earnings — from the AI bubble to new Saudi partnerships
CEO Jensen Huang addresses the AI bubble and highlights Nvidia's new partnerships with Anthropic, OpenAI, and xAI.
The boom in artificial intelligence stocks is creating a risk of a bubble, which could threaten emerging markets, South Africa’s central bank Governor Lesetja Kganyago said.
Nvidia CEO Jensen Huang's rejection of the AI bubble narrative seemed to reassured investors initially, but their concerns couldn't be repressed for long.
1don MSN
Nvidia CEO Jensen Huang isn't worried about a bubble. He says the AI boom is just getting started.
Nvidia's record earnings affirms CEO Jensen Huang's position that the AI boom is gaining momentum.