Markets soothed by AI chip maker's results but bubble concerns haven't gone away
Global stock markets have rallied as the world's most valuable company reassured investors of the demand for artificial intelligence (AI) and the returns companies can make. Nvidia's announcement of another round of record-breaking sales was "an extremely important moment in the AI Revolution thesis", said financial services firm Wedbush. Nvidia's computer chips are powering much of the AI surge and are a key component in generative AI chatbots such as ChatGPT.Money blog: Market town with 12,000 residents B ...