Nvidia's earnings report strongly confirms AI is becoming mainstream, fully dispelling market bearish concerns.

The company predicts that as various industries and governments around the world launch their own grand artificial intelligence (AI) strategies, they will become a larger source of revenue for NVIDIA’s chips and computing products in the future. NVIDIA is facing increasingly fierce defensive competition from peer chip manufacturers, as everyone is trying to get a share of the AI computing business; at the same time, several major technology giants who are key buyers of NVIDIA’s core technologies are also racing to accelerate the development of their own in-house core components. Expand