AI chip giant Nvidia’s shares sink despite record sales of $30bn

The California-based technology giant has been one of the biggest beneficiaries of the AI boom.

The sky-high expectations are driven by its valuation, which has surged ninefold in value in under two years thanks to its dominance of the AI chip market. Alvin Nguyen, senior analyst at Forrester, told the BBC both Nvidia and Mr Huang have become the “face of AI”.

Via: bbc.com