Nvidia and Salesforce Leave Bulls Wanting as Ai Trade Stalls
Nvidia Corp.’s disappointing earnings report failed to revive investor enthusiasm for the artificial intelligence trade, with both the chipmaker and Salesforce Inc. issuing cautious outlooks on growth prospects. The lack of excitement in Nvidia's report, which fell short of expectations and offered a mixed view on next quarter, underscored the uncertainty surrounding the AI industry. As investors struggle to make sense of the changing landscape, the stock market reflects the growing doubts about the long-term viability of AI spending.
- The AI trade’s current slump highlights the need for clearer guidance on the technology's practical applications and potential returns, as companies navigate a rapidly evolving landscape.
- How will the ongoing debate over the role of China in the global AI market – including concerns about intellectual property and data security – shape the trajectory of the industry in the coming years?