Tag: Earnings
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Caution: Three AI Stocks that May Lose Momentum by 2023
Learn about the potential risks of investing in AI stocks, particularly riskier options like AMD, C3.ai, and Marvell Technologies. While AI has long-term potential, predicting pullbacks can be tough. Be cautious when investing and weigh the risks involved.
Is Nvidia the Top AI Stock to Invest in Now with Its Doubled Share Price?
Nvidia's share price doubled in the past year, with 40% gains in the last month due to AI advances. Despite high valuation, it presents affordable investment options.
Nvidia Achieves Revenue of $7.19B in Latest Quarter, Down 13% From Previous Year
Nvidia, the world's leading AI and graphics chip manufacturer reported revenue of $7.19 billion for its first fiscal quarter ended April 30. This is 13% lower than the previous year, but higher than predicted. Their data center revenue for Q1 was a record high of $4.28 billion, showing signs of recovery. The GeForce RTX family of GPUs was welcomed with Ada Lovelace architecture and DLSS, starting at $299. They also added 36 DLSS powered gaming titles to GeForce Now, bringing the total to over 1,600.