💨 Abstract

Nvidia's upbeat Q1 forecast signals ongoing AI boom, but failed to revive the "Magnificent Seven" stocks that have declined in the past three months. Nvidia's earnings, while indicating strong demand for its AI chips, did not meet the expectations for the kind of gains that marked the AI rally in 2023-24. The company's revenue of $39.33

Courtesy: theprint.in

Summarized by Einstein Beta 🤖