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Marketplace All-in-One

Will it be “chip, chip, hooray” later today?

Marketplace All-in-One

Marketplace

Business, News

4.51.4K Ratings

🗓️ 28 August 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

The stock for semiconductor chipmaker Nvidia has skyrocketed with the growth of generative artificial intelligence like ChatGPT. But investors have noticed that the actual profits from AI have tended to lag the hype. Today, Nvidia will release its profits and we’ll learn how much of this underlying hardware AI companies are still buying. And later: how Aug. 28 keeps showing up at turning points in the Civil Rights Movement.

Transcript

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0:00.0

Ever wonder how artificial intelligence or 3D printing is used to solve medical problems,

0:05.8

or how research is discovering new ways to slow or even stop medical conditions we used to think

0:10.9

of as untreatable.

0:12.4

I'm Kathy Worser.

0:13.6

Listen to Tomorrow's Cure, a podcast where I interview experts from Mayo Clinic and

0:18.0

other renowned organizations. What they describe may sound futuristic, but listen, and you'll find out tomorrow's cure is already here.

0:26.7

Find it now wherever you get your podcasts.

0:31.6

Will the chant be Chip, Chip, hooray later today?

0:35.0

I'm David Brancaccio.

0:37.0

In video was good at making very fast graphics chips for computer gaming

0:42.0

that turned out to be great for artificial intelligence.

0:44.6

The stock has skyrocketed in the world of chat gepi gemini and bard, but investors have noticed that the actual

0:51.4

profits from AI have tended to lag the excitement about AI. Today in video will release its

0:56.8

profits and we'll see how much of this underlying hardware AI companies are still

1:01.1

buying. Marketplaces Nova Safo is here with more.

1:04.8

Well, they're buying a lot and we've already heard from alphabet, meta,

1:07.8

Microsoft, and Amazon all reporting strong revenue growth,

1:10.7

but all but meta of those companies have seen their share prices

1:14.1

decline though over the last month and that's because the bar for AI revenues is

1:18.8

very high companies that might stand to benefit from artificial intelligence

1:22.2

advances have seen their valuations

1:24.2

skyrocket this year and last and no company has benefited more than invidian.

...

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