24 Aug 2023

Nvidia CEO: "Software Is Eating the World, but AI Is Going to Eat Software" (and Nvidia eats AI?)

After Nivdia $NVDA earnings πŸš€πŸš€πŸš€ yesterday: 1. Nvidia is now worth 8.8x more than Intel 2. Nvidia is now worth 6.9x more than AMD 3. Nvidia is now worth nearly 3x as much as JP Morgan by market cap 4. Nvidia is now the 5th most valuable public company 5. Nvidia expects $183 million in revenue per DAY in Q3 6. EPS increased by nearly 900% since last year 7. Short sellers have now lost nearly $10 BILLION this year Source: Baris Aksoy, The Kobeissi Letter

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