VGT - What's Going On With Nvidia Stock Friday? | Benzinga
Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has long claimed that the world’s data centers will need a complete overhaul to handle the demands of generative artificial intelligence (AI).
He estimates it will take $1 trillion over the next four to five years, essentially doubling the existing investment in digital infrastructure, to train and run new AI models, the Financial Times reports. Key contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is weighing rectangular substrates for AI chip packaging to better cater to the AI frenzy.
Broadcom Inc (NASDAQ:AVGO) shares have jumped more than 20% since it reported an AI-driven sales increase, highlighting the increasing importance ...