AI Investment Surge Amidst Growth Slowdown
The investment in artificial intelligence (AI) companies has been monumental, with notable players like Nvidia reporting substantial gains. In the recent quarter, Nvidia announced sales of $30 billion, surpassing expectations but showing a slower growth rate compared to previous periods. Despite more than doubling its sales and profits to $16.5 billion, shares dipped by 5% in after-hours trading, highlighting investor concerns over the sustainability of Nvidia's growth in the AI sector.
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