Well, today was NVIDIA earnings day. They are the bellwether for AI. Theirs is the premier AI chip commanding top dollar. And they didn’t disappoint. Their revenues are up 400% in the last year. To 22 billion in the latest quarter. They’ve got another chip on tap this year which should continue the incredible growth. If you had invested $10,000 five years ago, you’d have earned 2000%, and would have $200,000. If you had invested $10,000 ten years ago, you’d have earned over 16,465%. And have 1.65 million. AI is only in its infancy. It will be bigger than the internet. Microsoft, META, Google, and nearly every IT company is betting big on AI. That spending will continue. NVIDIA’s market cap is approaching 2 trillion. It’s now the 3rd largest company in the world by market cap. (Behind Microsoft & Apple) To think AI is just a passing fad is foolish.
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