Are We Witnessing the End of the Artificial Intelligence Hype?
Nvidia has made a strong statement with exceptional results this quarter, boosting its revenues by 122% thanks to its artificial intelligence products. According to El Mundo, the company has surpassed all analysts’ expectations, with revenues reaching $30.040 billion and earnings per share (EPS) of $0.67.
A moment of correction in the market? 📉
However, in a surprising turn of events, just before the Nasdaq closed, Nvidia’s shares were down almost 7%. Could this be a sign that investors do not believe in this continued growth? 🤔
What’s happening? 🔄
Sometimes, investors may react in a contrary way to what’s expected even in the face of good results, driven by the fear that the company may not be able to maintain this growth rate. Moreover, many investors might be cashing in after such an impressive rise, preferring to secure profits rather than risk a market correction.
A reflection with calm 🧠
Honestly, I hope that calmer waters lie ahead and that value can be slowly created with and for artificial intelligence, just like how good stews are made. Only time will tell if we are just at the beginning of a golden era for AI or if the hype has reached its peak.
What do you think? 🗣️
Do you believe that artificial intelligence still has a long way to go, or are we seeing the beginning of the end of the hype?