{"id":85700,"date":"2023-08-25T01:14:16","date_gmt":"2023-08-25T05:14:16","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85700"},"modified":"2023-08-25T01:11:19","modified_gmt":"2023-08-25T05:11:19","slug":"nvidia-earnings-scare-away-amd-intel-investors-as-legacy-chipmakers-lose-ground-in-ai","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2023\/nvidia-earnings-scare-away-amd-intel-investors-as-legacy-chipmakers-lose-ground-in-ai.html","title":{"rendered":"Nvidia earnings scare away AMD, Intel investors as legacy chipmakers lose ground in AI"},"content":{"rendered":"\n<p>(CNBC) Developers in the world of artificial intelligence can\u2019t get enough of <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\">Nvidia\u2019s<\/a> processors. Demand is so strong that the company said late Wednesday that <a href=\"https:\/\/www.cnbc.com\/2023\/08\/23\/nvidia-nvda-earnings-report-q2-2024.html\">revenue<\/a> in the current quarter will jump 170% to roughly $16 billion. Nvidia <a href=\"https:\/\/www.cnbc.com\/2023\/08\/24\/nvidia-shares-set-to-open-at-record-high-after-big-earnings-beat.html\">shares rose<\/a> more than 2% on Thursday before slumping towards the end of the day to finish flat and miss a record close, while the broader market had a rough day.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/08\/24\/nvidia-earnings-scare-away-amd-intel-investors-as-ai-battle-shapes-up.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Developers in the world of artificial intelligence can\u2019t get enough of Nvidia\u2019s processors. Demand is so strong that the company said late Wednesday that revenue in the current quarter will jump 170% to roughly $16 billion. Nvidia shares rose [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85700","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85700"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85700\/revisions"}],"predecessor-version":[{"id":85701,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85700\/revisions\/85701"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}