Jim Cramer says this is why demand for Nvidia’s chips keeps accelerating

Share

Jim Cramer of CNBC said demand for Nvidia’s AI chips keeps accelerating because customers are generating profits almost immediately. Nvidia reported better-than-expected quarterly results for its fiscal 2027 second quarter, marking the fourth consecutive quarter of accelerating year-over-year revenue growth. CEO Jensen Huang said return on investment for 50 billion dollar data centers is now less than a year. Amazon announced it will purchase 2 million additional Nvidia GPUs for 2027 and 2028, as well as use Nvidia technology for robotics. Nvidia shares rose nearly 8% following the announcements.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles