Wall Street’s attention this week is really focused on only one thing: Nvidia’s quarterly results. To set the stage, the big tech companies at the forefront of AI (the “hyperscalers”) were expected to invest $522 billion this year coming into earnings season. They’re now projected to spend $642 billion, over 23% more than initially estimated…Read more
AI Check-Up Though most major companies have already reported results this earnings season, one of the most anticipated releases still lies ahead: NVIDIA. As the dominant provider of the advanced chips that power artificial intelligence, NVIDIA has been the most important bellwether for the technology. While its earnings reports have all been market moving since…Read more
