Nvidia, AI and Google
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Nvidia's Latest Beat Proves AI Isn't Cooling Off Yet, but Is the Chipmaker Still the Best AI Play?
The GPU leader delivered better-than-expected results, and its guidance suggests that its impressive growth is not over.
China's focus on pushing domestic chips could make Baidu's chip unit, Kunlunxin, a fast-growing business for the company.
Nvidia has been subject to criticism over circular AI deals — as the leading AI chipmaker has invested in its own customers — with the famed "Big Short" investor Michael Burry recently betting on the company's decline and claiming the AI market is like the dot-com bubble.
Is there a more promising option? It appears that its counterpart, NVIDIA, offers you more. NVIDIA (NASDAQ: NVDA) stock
Top Chinese firms are training their artificial intelligence models abroad to access Nvidia's chips and avoid U.S. measures aimed at curbing their progress in advanced technology, Financial Times reported on Thursday.
“We’re delighted by Google’s success—they’ve made great advances in AI, and we continue to supply to Google,” Nvidia wrote in a post on X. “Nvidia is a generation ahead of the industry—it’s the only platform that runs every AI model and does it everywhere computing is done.”
"There is no question that Nvidia will make a bunch of money," Gary Marcus, a professor emeritus of psychology and neuroscience at New York University, who specializes in AI, told ABC News. "There are many questions about where the market is headed after this initial burst of enthusiasm."
Nvidia’s sales of the computing chipsets powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples the world’s most valuable company.
In a memo to a Wall Street analyst, Nvidia directly responded to a recent X post from Michael Burry that was critical of the company.