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Nvidia Eyes Return to Record as AI Spending Bonanza Continues
Amid uncertainty over Federal Reserve policy, the economy, and the U.S. presidential race, one clear priority on Wall Street is spending on artificial intelligence (AI).
Companies are investing heavily in AI infrastructure and services, with Nvidia Corp. as a key beneficiary. Nvidia’s upcoming earnings report is expected to provide more insight into AI demand and could push its stock to new highs.
Analysts believe the AI infrastructure build-out is still in its early stages, promising significant growth for AI-related stocks in the coming years, Bloomberg has reported.
read more: https://finance.yahoo.com/news/nvidia-eyes-return-record-ai-112116061.html
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