Good news on the emissions front
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 22 February 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
In a bright spot for news on the climate crisis, new data shows that U.S. carbon emissions dipped by 1.8% last year. Most of the reduction in emissions is coming from the power sector. We’ll explore what’s driving the shift and where progress still needs to be made. Plus, Nvidia saw a 265% revenue bump from a year ago. Then, inflation and health care remain key worries for voters.
Transcript
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| 0:00.0 | When investors decided the stock in one of the biggest names in artificial intelligence |
| 0:05.6 | was going to plummet, it appears they were dead wrong. |
| 0:08.8 | I'm David Brancaccio in New York. |
| 0:11.2 | Invidia stock is surging up 14% in pre-market trading now after the firm released |
| 0:16.5 | better than expected quarterly results yesterday. The company is riding a wave of demand |
| 0:21.2 | for its computer chips that are especially good at the intensive processing |
| 0:25.1 | needed to train artificial intelligence systems. |
| 0:28.0 | Marketplace's Nancy Marshall Genser has more. |
| 0:30.6 | NVIDIA reported fourth quarter revenue of about $22 billion. |
| 0:35.0 | That's up 265% from a year ago, much higher than analysts predicted. |
| 0:40.0 | Invidia's CEO says demand for its chips is surging worldwide outstripping supply and showing no signs of slowing. |
| 0:48.0 | Invidious biggest customers are tech giants like Microsoft, Meta, Amazon, and Google. |
| 0:53.0 | They use Invidia chips to crunch data for the AI models they're developing. |
| 0:57.5 | Invidia sales to China could have been higher, though. |
| 1:00.5 | They were hit by new limits the Biden administration imposed on U.S. exports to China. |
| 1:05.6 | Invidia developed chips just for the Chinese market that comply with those limits. |
| 1:10.4 | I'm Nancy Marshall Genser for Marketplace. |
| 1:13.0 | In the two days leading up to these blockbuster results, many investors got the willies and had sold |
| 1:18.7 | off in video stock. Sure, it was going to be a bust. The stock had fallen 8.5% over the last two days. Oh well. A new poll from the |
| 1:27.2 | nonprofit health care research group KFF finds that voters are laser focused on economic concerns right now and that |
| 1:34.5 | reflection on this topic is not making them very happy. About two-thirds of |
| 1:38.4 | voters rate the national economy is either not so good or poor among frustrations the cost of everyday expenses |
... |
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