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AI processor company NvidiaThe Motley Fool
•Technology
Technology
77% Informative
AI processor company Nvidia (NASDAQ: NVDA ) is no exception.
The company's shares tumbled 10% since the beginning of the year .
There are some darkening clouds on the U.S. economy's horizon.
Nvidia 's data center sales rose 93% in the fourth quarter to $35.6 billion , but that was slower than growth of 112% .
Even if an economic slowdown materializes, it's highly unlikely it'll derail AI 's growth.
Tech companies are leaning so far into building advanced AI that Nvidia still likely has more room to grow.
Nvidia 's CEO thinks future AI models will need 100 times more computing power than current ones do.
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