When the "AI bubble theory" lingers, NVIDIA (NVDA.US) breaks through its performance! The demand for AI computing power continues to soar, and data center revenue increased by 66%.
According to the Wise Finance APP, Nvidia (NVDA.US), the global company with the title of "The Most Important Stock on Earth" and the "AI Chip Super Overlord" at the core of the artificial intelligence frenzy, recently exceeded a market value of $5 trillion. The company provided an incredibly strong revenue outlook for the current quarter and explosive performance growth data that far surpass market expectations. This has effectively debunked the popular "AI bubble" arguments in the market and alleviated investors' concerns about the looming end of the unprecedented global AI spending boom.
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