Nvidia and Advanced Micro Devices Have Sounded a $711 Billion Warning to Wall Street That AI Investors Simply Can't Ignore

Nvidia and Advanced Micro Devices Have Sounded a $711 Billion Warning to Wall Street That AI Investors Simply Can't Ignore

Key PointsAI is a game-changing technology that PwC analysts believe can create $15.7 trillion in global economic value by 2030.Demand for Nvidia's and AMD's graphics processing units (GPUs) has been insatiable, leading to sales growth of 68% and 32% for their respective data center segments last year.However, shares of both companies plunged following their latest earnings reports, signaling that a much-needed reset of investors' AI expectation…