TradingKey – As of September 17, Eastern Time, driven by Jensen Huang’s latest positive comments regarding AI chip demand, Nvidia (NVDA) stock opened higher and moved higher, rising 2.54% on the day to close at $219.34, ending its pullback since September 8.
Jensen Huang Expects Chip Sales to Double Next Year as AI Demand Has Yet to Peak
Nvidia CEO Jensen Huang stated on September 17 during an AI summit in Scotland that the company expects the volume of chips it sells next year to double compared to this year. He noted that AI is creating increasingly visible value across various industries and economies, with multiple countries around the world still seeking to increase their AI investments. Although Nvidia did not disclose specific chip…
