Nvidia's AI Vision: Stock Surges, CEO Downplays Bubble

Nvidias stock experienced a volatile day on Wednesday, surging initially but closing with a modest gain. Despite CEO Jensen Huangs assurance that the AI industry is not in a bubble, the stocks fluctuation raised questions about its performance. Huang emphasized the transformative power of AI, predicting that one trillion dollars worth of existing computers will be replaced by AI-powered systems, signaling a significant shift in technological infrastructure.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.