META - Tesla Meta Microsoft and Alphabet All Just Shared Magnificent News for Nvidia Investors
2024-04-30 04:00:00 ET
If you didn't think the demand for artificial intelligence (AI) could get any stronger, think again.
Four of the biggest tech companies in the world all reported very strong demand for AI applications, and that's great news for Nvidia (NASDAQ: NVDA) . The chipmaker designs the leading GPUs for training the large language models powering new generative AI applications. It could see a big increase in business based on recent management commentary from Tesla (NASDAQ: TSLA) , Meta Platforms (NASDAQ: META) , Microsoft (NASDAQ: MSFT) , and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) .
Here's what they had to say and what it all means for Nvidia and its investors.
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Tesla, Meta, Microsoft, and Alphabet All Just Shared Magnificent News for Nvidia Investors