An illustration of a bear climing a graph-like plant to sniff the computer chip flower, whilst the person beneath is looking through binoculars in the other direction.
2024-08-26 1045词 困难
Galloping sales of Nvidia’s artificial-intelligence (AI) processors have lifted its market capitalisation from $350bn at the start of 2023 to $1trn, then $2trn, and then, this summer, $3trn. In June it overtook Microsoft, an AI-zealous software giant believed to be the biggest buyer of its chips, as the world’s most valuable firm. It proceeded to lose that title—and $900bn in value—amid the recent stockmarket panic, only to claw back most of its losses in the past few weeks. As the firm prepares to report its latest results on August 28th just about everyone expects another blow-out quarter. “How much money have you made over the years betting against Jensen Huang?” Mr Cramer asked rhetorically on his CNBC show last week, referring to Nvidia’s boss. These days the Nvidia bear appears to be an endangered species. Or, as Sir David might whisper, “Not an Ursus nvidiaensis in sight.”
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