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Thursday, June 1, 2023

AI chips are hot. Here's what they are, what they're for and why investors see gold

Such chips have suddenly taken center stage in what some experts consider an AI revolution that could reshape the technology sector - and possibly the world along with it. Shares of Nvidia, the leading designer of AI chips, rocketed up almost 25% last Thursday after the company forecast a huge jump in revenue that analysts said indicated soaring sales of its products. The company was briefly worth more than $1 trillion on Tuesday.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/W8F2U9J

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