Nvidia set to report second quarter earnings in test of AI boom

All eyes will be on chipmaker’s latest financials as company sets tone for the rest of the artificial intelligence industryNvidia is set to report its second-quarter earnings on Wednesday, in a first test of investor appetite since last week’s mass AI-stock selloff.All eyes will be on the chipmaker’s latest financials as the company sets the tone for the rest of the AI industry after a turbulent week in the sector. Several tech stocks saw shares tumble last week amid growing questions over whether AI-driven companies are being overvalued, including an MIT report that said 95% of AI pilots fail to grow company’s revenues and statements from the OpenAI chief executive, Sam Altman, who said investors were possibly overhyping several companies. Continue reading...

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