NVIDIA stock is on a tear this year thanks to record sales of AI-enabling GPUs.
In May 2023, the stock surged 26% in one day. Now, after announcing that its Q2 2023 sales are up 101% year-on-year to $13.5 billion, NVIDIA's stock surged almost 10% to a record high, making the company worth ~$1.2 trillion (the world's sixth-largest):
**** ***************'* ****** ******* ** * "*******" with ****** "******** ** *** ** the ****** ** **", ****** *** firm's ***** ****** ** ** ****-**-**** to **.*%, "********** *** * ******** product". (*** **********,********* ******* ***** ****** ** ***** **%.)
****** **** ******,*****, ***** ********* ******* ** ****** controls ******* *** *** ***** *****,********* ********:
“**** *** **** ****, ************ *********** the **** ** *** **** ****** GPUs ** *****, ** ***********, **** result ** * ********* **** ** an *********** *** *** ** ******** to ******* *** **** ** *** of *** *****’* ******* *******,” ***** said ********* ******’* ******** ************. *** finance ***** **** *** *** ********** reports ** *** ********* *** ********* regulations “** *** ******* ** *****.”
****** ***** ***** **% ** *** total ******* **** *** ***,** *********** **** ****.
**** *** *** ** ****** ***** ending ** ** ******-******* ********** (***** NVIDIA **** ** ** ******* ** and **** *** *******), ** **** explored *********** ****** ***********, ******-*******, **** ** PRC ***** ***********.
****** ** *********, *** *** ****** be ******’* ******* *****, *** **** doing ******** ** *** ** *****?