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The AI Trade Faces Its First Major Test With Nvidia Earnings

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The AI Trade Faces Its First Major Test With Nvidia Earnings

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https://www.wsj.com/finance/stocks/the-ai-trade-faces-its-first-major-test-with-nvidia-earnings-4e820df1

 1. Finance
    
    --------------------------------------------------------------------------------

 2. Stocks


THE AI TRADE FACES ITS FIRST MAJOR TEST WITH NVIDIA EARNINGS


THE CHIP MAKER’S ROSY FORECAST LIFTED MARKETS IN A TURBULENT TIME—BUT THE BAR TO
DAZZLE INVESTORS IS HIGHER NOW

By

Charley Grant


Aug. 20, 2023 7:00 am ET

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WSJ’s Asa Fitch breaks down how Nvidia landed in the elite club of companies
with a $1 trillion market cap. Photo illustration: Annie Zhao



Nvidia NVDA 0.10%increase; green up pointing triangle
stunned Wall Street three months ago with a revenue forecast that blew past
expectations, sparking a share price rally and a surge in investor enthusiasm
for companies developing artificial intelligence technology.



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