New Delhi, Feb. 26 -- Indian IT stocks including Infosys, TCS, HCL Tech will be in focus on Thursday, February 26 after artificial intelligence (AI) chipmaker Nvidia delivered another exceptionally strong quarter on Wednesday, reinforcing its dominant position in the global AI ecosystem even as investors debate whether the current AI boom is sustainable or overheated.
Nvidia reported quarterly results that comfortably exceeded Wall Street expectations, driven by continued strong demand for its AI-focused chips. Revenue for the quarter touched a record $68.1 billion, signalling that spending on AI infrastructure by global technology companies remains robust.
The topline marked a 73% increase compared with the same quarter last year and c...
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