What I Read This Week…

Nvidia reports another quarter of record revenues and profits, Intel reveals a new secretive project funded by the CHIPS Act, and new economic measures show little improvement in American well-being

Watch All-In E180 Read our 2023 Annual Letter Caught My Eye… Nvidia beat all expectations while reporting record profits and revenues in its most recent earnings release. The company’s revenue for the quarter reached $26.04 billion, almost four times the $7.19 billion reported in the same quarter last year and marking an unprecedented six consecutive quarters of revenue growth. What is causing this continued trend? Nvidia's data center revenue has continued to surge due to growing demand for AI training and inference. While traditionally dominated by cloud service providers, this demand…

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