As NVIDIA continues to confound its detractors by posting rip-roaring revenues that now habitually beat Wall Street's consensus expectations, even the hardiest of cynics are beginning to concede that AI's 1995 moment has arrived - an homage to the year when the internet truly took off, transforming the world as we know it. In their latest investment note, Wedbush analysts assert that for every $1 that is spent on NVIDIA's GPUs, the multiplier effect on the enterprise and consumer space could be $10 or more over the next few years as "AI hits every part of the economy." The analysts […]
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