Markets Wrap: Predictions Meet AI Skepticism
About this episode
Merryn Somerset Webb and John Stepek discuss Nvidia's optimistic sales predictions amidst growing skepticism about AI valuations.
Hosts Merryn Somerset Webb and John Stepek discuss the latest Nvidia news in which the company predicted its sales could rise by around 70% in the next fiscal year, beating analysts' expectations. Despite the positive outlook, Nvidia's share-price bump was relatively muted, suggesting investors are becoming more skeptical about artificial intelligence valuations and the financing of the technology boom. See omnystudio.com/listener for privacy information.
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