{"id":10167,"date":"2023-05-25T15:37:15","date_gmt":"2023-05-25T13:37:15","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/05\/25\/nvidia-gains-185bn-in-value-after-predicting-ai-driven-boom-in-chip-demand\/"},"modified":"2023-05-25T15:37:15","modified_gmt":"2023-05-25T13:37:15","slug":"nvidia-gains-185bn-in-value-after-predicting-ai-driven-boom-in-chip-demand","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/05\/25\/nvidia-gains-185bn-in-value-after-predicting-ai-driven-boom-in-chip-demand\/","title":{"rendered":"Nvidia gains $185bn in value after predicting AI-driven boom in chip demand"},"content":{"rendered":"<p>Shares in US tech firm jump by 25% in early trading as quarterly revenue forecast excites investors<\/p>\n<p>The value of the US tech company Nvidia has soared by a quarter after it predicted a boom in demand for its computer chips to meet the needs of <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/feb\/02\/chatgpt-100-million-users-open-ai-fastest-growing-app\">artificial intelligence products such as ChatGPT<\/a>.<\/p>\n<p>Nvidia\u2019s share price rose by 25% in early trading on the back of the announcement, and gave it a market valuation of more than $940bn (\u00a3760bn) after stock markets opened on Wall Street on Thursday, up from $755bn on Wednesday evening.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2023\/may\/25\/nvidia-shares-leap-ai-boom-chip-us-tech-firm-valuation\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e5a60f6b9f1f17a92ec182087efb8a899d89a855\/0_226_5000_3000\/master\/5000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=008ed6ff42cad3b221bfba7f09c6d447\" title=\"Nvidia gains $185bn in value after predicting AI-driven boom in chip demand\" \/>Shares in US tech firm jump by 25% in early trading as quarterly revenue forecast excites investors<br \/>\nThe value of the US tech company Nvidia has soared by a quarter after it predicted a boom in demand for its computer chips to meet the needs of artificial intelligence products such as ChatGPT.<br \/>\nNvidia\u2019s share price rose by 25% in early trading on the back of the announcement, and gave it a market valuation of more than $940bn (\u00a3760bn) after stock markets opened on Wall Street on Thursday, up from $755bn on Wednesday evening. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares in US tech firm jump by 25% in early trading as quarterly revenue forecast excites investors The value of the US tech company Nvidia has soared by a quarter after it predicted a boom in demand for its computer chips to meet the needs of artificial intelligence products such as ChatGPT. Nvidia\u2019s share price &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/05\/25\/nvidia-gains-185bn-in-value-after-predicting-ai-driven-boom-in-chip-demand\/\"> <span class=\"screen-reader-text\">Nvidia gains $185bn in value after predicting AI-driven boom in chip demand<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":10168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10167"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10167"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10168"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10167"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}