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Nvidia sent profit warning amid uncertainty of AI boom
Nvidia is generating vast sums from the sale of its advanced semiconductors but the company has been fired a warning on the need for profit
SK Group CEO Chey Tae-Won cautioned that the AI boom could vanish without sustained profitability. Chipmaker giant Nvidia is generating vast sums from the sale of its advanced semiconductors, but the company has been fired a warning on the need for profit to provide stable foundations for the future. Nvidia is currently soaring from the insatiable demand for its AI-focused chips from companies such as OpenAI, Microsoft, Meta, and Google-owner, Alphabet.
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