Investors’ eye on earnings report on Nvidia
In an important week for artificial intelligence, investors are looking toward an earnings report from Nvidia, the world’s most valuable company and a bellwether for the sector.
The recurring question for the U.S. chip maker is whether the AI boom will continue to accelerate as the technology takes over more corners of the broader economy.
“The spending machine is still running, but the bill is getting heavier,” said Stephen Innes of SPI Asset Management.
“Nvidia must now show that the most expensive investment boom in modern market history can still pay its bills.”
