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Nvidia Stock Is Surging. Its Stellar Earnings Cleared Up These Concerns.

Por: MarketWatch Business August 24, 2023

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Nvidia not only beat expectations, it also addressed several concerns about whether its progress is sustainable. The company said it expects product supply to increase in the next fiscal year, alleviating worries that it won’t be rising demand for AI chips. “With visibility extending into ’24, [Nvidia] management has qualified additional suppliers…and expects to increase supply each quarter through next year to meet demand,” KeyBanc... + full article



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