Nvidia to reap billions in AI spending as Mag 7 peers ramp investments

By Yahoo! Finance | Nov 3, 2024 at 09:31 AM EST

Nvidia has shown a strong performance, gaining $2 trillion in market value this year due to high investments in AI technology. Major tech companies are expected to spend billions on AI infrastructure, with Nvidia leading the market with its dominant position in chip technology.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.