Nvidia
- Nvidia posted strong second-quarter numbers, more than doubling revenue during the same period last year.
- But the numbers were largely expected as tech companies continue to invest in AI.
- Sky-high expectations are working against Nvidia, experts told BI.
It's hard to be the king of AI.
Nvidia showed that AI demand is still high, more than doubling its revenue for this same period last year and projecting $32.5 billion in revenue for the next quarter.
But that came as no surprise to industry experts on Wednesday.