Bubble or breakout? Nvidia earnings put AI boom under the microscope
The fate of Wall Street’s staggering bets on artificial intelligence will rest squarely on Nvidia on Wednesday when the chipmaker reports results, with investors seeking signs that bubble worries are overblown.
Three years after ChatGPT’s debut, investors are increasingly uneasy that the AI boom has outrun fundamentals. Some business leaders have noted that circular deals – where one partner props up another’s revenue – add to the bubble risk.
