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2024-08-05 15:46:29
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malena on Nostr: “Nvidia, a company unknown to most Americans, was the biggest beneficiary due to ...

“Nvidia, a company unknown to most Americans, was the biggest beneficiary due to its graphics processing units (GPUs) powering the AI boom. The company surpassed $3 trillion in market cap and briefly passed Microsoft and Apple to become the world’s most valuable company. Its market cap now sits below $2.5 trillion…

Elliott Management, one of the largest hedge funds in the world, reportedly told clients that Nvidia was in a “bubble” and the AI frenzy was “overhyped.”
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