{"id":15003,"date":"2024-07-02T05:37:21","date_gmt":"2024-07-02T03:37:21","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/07\/02\/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt\/"},"modified":"2024-07-02T05:37:21","modified_gmt":"2024-07-02T03:37:21","slug":"can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/07\/02\/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt\/","title":{"rendered":"Can AI boom drive Nvidia to a $4tn valuation despite investor doubt?"},"content":{"rendered":"<p>Powerful new chips are on the way but there are questions over whether tech firm\u2019s growth can be sustained<\/p>\n<p>When Jensen Huang spoke at the Nvidia annual general meeting last week, he made no mention of a share price slide.<\/p>\n<p>The US chipmaker, buoyed up by its key role in the artificial intelligence boom, had briefly become the world\u2019s most valuable company <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/jun\/18\/nvidia-valuation-most-valuable\">on 18 June<\/a> but the crown slipped quickly. Nvidia shed about $550bn (\u00a3434bn) from the $3.4tn (\u00a32.68tn) peak market value it had reached that week, as tech investors, combining profit-taking with doubts about the sustainability of its <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/may\/22\/nvidia-quarterly-earnings\">rocketing growth<\/a>, applied the brakes.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/jul\/02\/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/cee48ff9d46a5d1c92573347d010a63756a36086\/25_78_4565_2741\/master\/4565.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=a4d080f4bcfd1c52423f831f9966ee05\" title=\"Can AI boom drive Nvidia to a $4tn valuation despite investor doubt?\" \/>Powerful new chips are on the way but there are questions over whether tech firm\u2019s growth can be sustained<br \/>\nWhen Jensen Huang spoke at the Nvidia annual general meeting last week, he made no mention of a share price slide.<br \/>\nThe US chipmaker, buoyed up by its key role in the artificial intelligence boom, had briefly become the world\u2019s most valuable company on 18 June but the crown slipped quickly. Nvidia shed about $550bn (\u00a3434bn) from the $3.4tn (\u00a32.68tn) peak market value it had reached that week, as tech investors, combining profit-taking with doubts about the sustainability of its rocketing growth, applied the brakes. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Powerful new chips are on the way but there are questions over whether tech firm\u2019s growth can be sustained When Jensen Huang spoke at the Nvidia annual general meeting last week, he made no mention of a share price slide. The US chipmaker, buoyed up by its key role in the artificial intelligence boom, had &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/07\/02\/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt\/\"> <span class=\"screen-reader-text\">Can AI boom drive Nvidia to a $4tn valuation despite investor doubt?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":15004,"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\/15003"}],"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=15003"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15004"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15003"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}