The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.
AI chip sales are driving stock markets to new records https://www.computerworld.com/article/3713240/ai-chip-sales-are-driving-stock-markets-to-new-records.html?utm_medium=social&utm_campaign=organic&utm_content=content&utm_source=linkedin#tk.rss_all
Computerworld
AI chip sales are driving stock markets to new records
Nvidia's unprecedented leap in revenue from higher chip sales for AI and cloud use speaks volumes about the future of the technology and its impact on the economy.
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Nvidia's market value recently surpassed Alphabet, positioning it as America's third most valuable company with a market cap of $1.832 trillion, closely following Microsoft and Apple. This shift occurred as Nvidia experienced a significant surge in demand for its AI-driven chips, marking a pivotal moment in its market standing.
The company's ascent reflects its central role in the artificial intelligence boom, distinguishing it within the tech sector's top echelons.
As Nvidia edges closer to the $2 trillion club, it reaffirms its status at the forefront of the AI revolution, alongside giants like Apple and Microsoft.
The company's ascent reflects its central role in the artificial intelligence boom, distinguishing it within the tech sector's top echelons.
As Nvidia edges closer to the $2 trillion club, it reaffirms its status at the forefront of the AI revolution, alongside giants like Apple and Microsoft.
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