SPY News: What Nvidia says about AI chip demand could matter for more than just the tech trade - 22nd May 2024, 2:52am

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Artificial intelligence enthusiasm has been spreading across the stock market.

Wednesday night's Nvidia (NVDA) earnings call will mark a year since the chipmaker first shocked Wall Street with its demand for AI chips. Since then, mentions of AI have skyrocketed on earnings calls, growing 186% since the first quarter of 2023, per Bank of America Research.

This comes as the conversation around AI has quickly moved from AI chipmakers like Nvidia (NVDA) and AMD (AMD) to AI power users like Alphabe...

>>> Read more: What Nvidia says about AI chip demand could matter for more than just the tech trade
 
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