15 AI News Updates You Might Have Missed

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1. NVIDIA Corporation (NASDAQ:NVDA

Market Capitalization: $3.6 Trillion 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 18, investment advisory Barclays released an investor note on the semi industry, noting that utilization for the initial Blackwell ramp was now at roughly 50% and should rise to 80% over the coming quarters. Barclays analyst Tom O’Malley wrote that assuming 50% utilization for the existing capacity and traditional lag from test to final sale, this implies NVDA Jan Q Blackwell close to $6 billion.

While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVIDIA Corporation (NASDAQ:NVDA) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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