AI Momentum Sends Shockwaves Through Tech Market The recent earnings report from Nvidia has sent shockwaves through the tech market, with SoftBank Group shares soaring 20% in response.
This surge adds $35 billion to SoftBank's market capitalization, a testament to the company's significant exposure to AI related assets.
Nvidia's revenue growth of 85% year over year is clear evidence that artificial intelligence is gaining traction at an unprecedented pace.