Nvidia's Jensen Huang Eyes India's AI Future In High-Level Meeting With Prime Minister Modi
Portfolio Pulse from Shanthi Rexaline
Nvidia Corp.'s CEO Jensen Huang met with India's Prime Minister Narendra Modi to discuss the potential of AI in India. Nvidia, which has been capitalizing on the AI momentum, recently reported Q2 results that exceeded projections and issued upbeat guidance. The company's A100 AI chip is widely used for training large-language models. Nvidia began its India operations in 2004 and now has four engineering development centers in the country, employing over 3,800 people and having more than 320,000 India-based developers in its program.

September 04, 2023 | 6:50 pm
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Nvidia's CEO's meeting with India's PM to discuss AI potential in India could lead to increased business opportunities in the country. The company's strong Q2 results and its significant presence in India could positively impact its stock.
The meeting between Nvidia's CEO and India's PM indicates a potential for increased business opportunities in India, a country with a rapidly growing technology industry. This, coupled with Nvidia's strong Q2 results and its significant presence in India, could lead to a positive impact on its stock in the short term.
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