Nvidia CEO explains why Tesla's use of AI is 'revolutionary'

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Nvidia News

Jensen Huang

Nvidia's (NVDA) first quarter results beat analyst expectations, with revenue rising 262% to $26.0 billion. The company also announced a 10-for-1 stock split...

, with revenue rising 262% to $26.0 billion. The company also announced a 10-for-1 stock split and that it is raising its dividend., Nvidia founder and CEO Jensen Huang spoke about the results and how the demand for his company's products is"just so strong." He also weighed in on how companies like Meta -- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.

People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City "Restaurants brought out the servings slowly and were like, 'Nobody is going to sit there for hours and just eat them.' Actually, lots of people did."Shares of e-commerce software platform Shopify jumped 5.4% in the morning session after Goldman Sachs analyst upgraded the stock's rating from Neutral to Buy and raised the price target from $64 to $74. The new price target represents a 25% premium from where shares traded when the upgrade was announced.

Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cutMeme stocks, which are trading largely divorced from company fundamentals, have seen a resurgence last week when social media user Roaring Kitty posted for the first time in years.Besides Street analysts’ positive expectations, here are the main fundamental factors that could drive these two TSX stocks higher in the near term.

 

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Nvidia CEO Says Dell Partnership Is Key in Its Push to Expand AINvidia Corp. Chief Executive Officer Jensen Huang said its partnership with Dell Technologies Inc. will spread artificial intelligence to a wider range of customers, helping businesses and organizations create their own “AI factories.”
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