Nvidia (NVDA) reinvigorated the AI stock trade with its beat-and-raise earnings report and commentary about an inflection point in artificial intelligence.
The AI chipmaker also gave an upbeat forecast for next year
The Santa Clara, Calif.-based company late Wednesday reported adjusted earnings of $2.22 a share on sales of $96.22 billion in its fiscal second quarter ended July 26. Analysts… Related news Nvidia M&A Target Hugging Face Releases New Robot, As Deal Rumors Swirl 3:05 AM ET As rumors swirl that Nvidia may be closing in on a deal to buy Hugging Face, it released a small… 3:05 AM ET As rumors swirl that Nvidia may be closing in on