Nvidia reported this week that its earnings for the fourth quarter ended January 29 were $6.05 billion, down 21% from a year ago. But Jensen Huang, CEO of Nvidia, said that generative AI is expected to create a significant opportunity that will accelerate later this year.
Nvidia’s stock price rose on the opportunity, and Huang noted how generative AI will be front and center at its GTC event the week of March 20. (I will moderate a panel on the enterprise metaverse at Nvidia’s GTC event on March 22).
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