Could Bitbot benefit after Nvidia’s blockbuster quarter?
Nvidia Corp reported another blockbuster quarter last week but Dan Ives of Wedbush Securities is convinced “the party is just getting started” for artificial intelligence. Nvidia report bodes well for the AI projects The semiconductor behemoth issued impressive guidance as well on May 22nd and announced s 10-for-1 stock split after its share price surpassed $1,000 for the first time. Still, Ives does not really have valuation concerns since “it’s a 1995 moment – not a 1999 moment”. The Wedbush analyst expects tech giants to eventually hit $4.0 trillion...