Former Google CEO Eric Schmidt Highlights Nvidia As Major AI Player In Now Deleted Video: 'That's Not A Stock Recommendation'
Portfolio Pulse from Ananya Gairola
Former Google CEO Eric Schmidt highlighted Nvidia as a major player in the AI market, noting significant investments from large tech companies in Nvidia-based AI data centers. Schmidt's comments come ahead of Nvidia's quarterly results on Aug. 28, which are highly anticipated by investors.
August 16, 2024 | 1:53 am
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Eric Schmidt, former Google CEO, highlighted Nvidia as a significant player in the AI market, with large tech companies planning substantial investments in Nvidia-based AI data centers. This comes ahead of Nvidia's quarterly results on Aug. 28.
Schmidt's comments suggest strong future demand for Nvidia's AI chips, which could positively impact the stock price. The anticipation of Nvidia's quarterly results adds to the potential short-term positive impact.
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