Surge in Nvidia Shares Highlights Artificial Intelligence's Impact on Tech Sector

Nvidia, a Leading AI Chipmaker, Experiences Soaring Shares on the Back of Skyrocketing Revenue Projections

NEW YORK (XNews) — Nvidia's shares surged by over 24% following the company's announcement of a significant rise in projected revenues. This increase is primarily due to a boom in artificial intelligence (AI) applications. Nvidia, a leading maker of graphics chips for gaming and AI, reported quarterly profits exceeding $2 billion, surpassing Wall Street expectations.