September 17, 2024

Tag: UnitedStates

Down 2% Since June, History Says the AI Stock Will Do This Next #NewsUnitedStates
United States Finance

Down 2% Since June, History Says the AI Stock Will Do This Next #NewsUnitedStates

CashNews.co For many investors, Nvidia (NASDAQ: NVDA) has emerged as the quintessential artificial intelligence (AI) stock. That’s because the company’s graphics processing units (GPUs) are the industry standard in accelerating complex data center tasks, such as training machine learning models and running AI applications. Nvidia shares have surged 780% since the generative AI application ChatGPT […]

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Billionaires Are Selling Nvidia Stock and Buying This Supercharged AI Index Fund Instead #NewsUnitedStates
United States Finance

Billionaires Are Selling Nvidia Stock and Buying This Supercharged AI Index Fund Instead #NewsUnitedStates

CashNews.co Nvidia has been a spectacular investment in recent years. The stock has skyrocketed more than 700% since January 2023 amid excitement surrounding artificial intelligence (AI). But excitement is a double-edged sword. Numerous companies are now designing custom AI chips, and some investors are concerned Nvidia will lose market share. The following hedge fund billionaires […]

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