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Tech shares race ahead as Nvidia delights with AI-driven doubling of revenue | Business News
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The US tech firm that dominates the market for chips used in artificial intelligence (AI) has delighted investors with a doubling in quarterly revenue, promising more of the same in future. Nvidia shares gained almost 10% in after-hours trading in New York on Wednesday night when it revealed a string of numbers that beat analysts’…
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AI chipmaker Nvidia joins tech giants to be worth $1trn | Business News
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A company that makes microchips for artificial intelligence (AI) has become the first chipmaker to be worth $1trn. Nvidia has joined the ranks of tech giants worth the eye-watering sum, including Amazon, Apple, Microsoft, and Google parent company Alphabet, as investors expect the company will benefit from the AI revolution. It makes chips that are…