This chapter discusses NVIDIA's impressive performance and forecasts, exceeding Wall Street expectations and leading to a rise in stock valuation. It highlights the improvement in supply and sustainability of AI demand, with a focus on the data center segment. The chapter also explores the potential impact of AI in everyday life and addresses concerns about the optimism surrounding AI, drawing parallels to past technological advancements.
Bloomberg News US Semiconductor & Networking Reporter Ian King and Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani recap Nvidia news after the chipmaker gave a revenue forecast that was much stronger than expected on Wednesday. Splunk CEO Gary Steele talks about his company's earnings and unveiling new innovations. Dr. Andy Pekosz, Professor of Molecular Microbiology and Immunology at the Johns Hopkins University Bloomberg School of Public Health, discusses seeing a summer resurgence in Covid cases. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Kristen Brown provide the details of Kristen's Businessweek Magazine cover story The Last Lyme Shot Failed. Will a New One From Pfizer Succeed? And we Drive to the Close with Nadia Lovell, Senior US Equity Strategist at UBS Global Wealth Management.
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