TSM - Apple Shows It Can Run Artificial Intelligence Without Overpriced Nvidia GPUs
2024-06-12 11:56:48 ET
Summary
- Nvidia Corporation is toying around with a $3 trillion valuation, making it one of the largest companies in the world.
- The company's largest customers are building their own GPUs and Apple's recent announcement shows that Nvidia isn't needed for cutting edge artificial intelligence.
- The market remains optimistic about the potential of artificial intelligence, despite limited evidence of its long-term earnings potential.
Nvidia Corporation ( NVDA ) is pushing around the $3 trillion valuation on the back of strong earnings and demand for its product. The company has crossed a superficial threshold, as the company is now larger than Amazon and Tesla combined ....
Apple Shows It Can Run Artificial Intelligence Without Overpriced Nvidia GPUs