Nvidia's AI Opportunity Is Shocking Wall Street
Nvidia (NASDAQ: NVDA) stock has been on a tear since the launch of OpenAI's ChatGPT last year, and it's starting to make sense. Companies large and small are scrambling to buy high-powered chips to train large language models and recommendation systems. The booming demand led Nvidia to exceed analysts' revenue estimates, and next quarter's guidance crushed expectations on Wall Street.