Tech Trends
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Thursday Aug 29, 2024
Thursday Aug 29, 2024
Welcome to Echo-Pod’s briefing for August 29th! Today’s top stories:
Nvidia’s earnings: Nvidia beat Wall Street expectations with 68 cents EPS and $30.04B revenue, but shares fell 8%. AI and data center demand drove a 154% YoY revenue increase.
Next-gen AI chip: Nvidia’s Blackwell chip will ship in Q4. The company also announced a $50B share buyback