Artificial Intelligence (AI) Titan Nvidia Has Scored a $4 Billion "Profit" in an Unexpected Way
There's more than one way to put dollars in Nvidia's profit column.
For more than two years, no trend has been held in higher regard on Wall Street than the evolution of artificial intelligence (AI). With AI, software and systems are capable of making split-second decisions, overseeing generative AI solutions, and training large language models (LLMs), all without the need for human oversight.
The long-term potential for this game-changing technology is truly jaw-dropping. If the analysts at PwC are correct, a combination of consumption-side effects and productivity improvements from AI will add $15.7 trillion to the global economy by the turn of the decade.
Although a long list of hardware and software/system application companies have benefited immensely from the AI revolution, none stands out more than tech titan Nvidia (NASDAQ: NVDA). But what you might be surprised to learn is that this highly influential AI company has scored a $4 billion "profit" in an uncharacteristic manner.
