Listen to Nvidia. This Little-Known, Undervalued Company Could Be a Top Artificial Intelligence (AI) Stock Pick Now
DDominion Energy(D) The Motley Fool·2024-05-30 21:15

One utility could supply power to a significant percentage of the world's major data centers. If there was any doubt about the strength of the AI boom in the stock market and the broader economy, Nvidia (NVDA 0.81%) just put those questions to rest. For the first quarter of 2024, the AI chip titan just posted another blockbuster earnings report, including year-over-year revenue growth of 262% overall and 427% in the data center segment, where the AI revolution is taking place. Those numbers weren't a huge s ...