Results for: Tech Stock

Nvidia and Accenture have joined forces to drive AI adoption within businesses, creating a new business group with 30,000 trained professionals. Wedbush Securities analyst Dan Ives predicts this partnership will be a major catalyst for Nvidia’s stock growth, citing the massive potential of the AI market. Ives compares the current AI landscape to the early days of the internet, with significant investment opportunities on the horizon.

AMD shares are down over 3% on Monday, likely due to the broader tech sector weakness and investors’ anticipation of Nvidia’s upcoming second-quarter earnings report. Strong results from Nvidia could put pressure on AMD, as Nvidia is a direct competitor in key markets like GPUs and AI accelerators.