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Tag: AI future

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Nvidia doubles down on AI future as stock market cap tops $2.5T

The semiconductor giant plans to accelerate its AI chip production cycle following a bumper revenue report driven by AI data centers. Semiconductor giant Nvidia has no plans to slow its artificial intelligence ambitions following bumper quarterly revenues, netting the firm a record $26 billion for the first quarter. On May 22, Nvidia released its Q1 earnings report.…
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