Unfortunately the link to the Washington Post article re Nvidia didn't copy into my above post for some reason. Here goes again:
Here it is: https://www.washingtonpost.com/technology/2024/06/18/nvidia-most-valuable-company-microsoft-ai/
“I don’t think this is done,” he said. “If you believe that AI is going to be as transformative as some believe, this will continue to rise.”
Nvidia’s rise to become the world’s most valuable company underlines how strongly investors believe Big Tech executives’ claims that AI will overhaul whole swaths of modern life. The technology demands more processing power from computers than other kinds of software, and business leaders are busy building new data centers and filling them with chips from Nvidia and other companies to handle new AI tasks.
