Nvidia's CEO defends his moat as AI labs change how they improve their AI models
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Nvidia reported over $19 billion in net income last quarter, but investors remain concerned about the sustainability of its growth. CEO Jensen Huang addressed questions about Nvidia's future as AI labs explore new methods for improving AI models.
November 21, 2024 | 1:45 am
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Nvidia reported strong earnings with over $19 billion in net income, but investors are concerned about future growth as AI labs explore new methods for AI model improvement.
Despite strong earnings, Nvidia's future growth is uncertain due to potential changes in AI model improvement methods. This creates a neutral short-term impact as investors weigh current performance against future challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100