Politics
Nvidia almighty: Chip riches flood through AI universe
Axios·August 28, 2026·1 min read
Nvidia reported nearly $60 billion in quarterly profit, called 'the most impressive earnings in history' by The Kobeissi Letter. The chipmaker, now worth more than five S&P 500 sectors, expects 70% revenue growth. Nvidia is involved in over $750 billion in AI investments, acting as supplier, banker, and kingmaker in the AI ecosystem.
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