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Nvidia Rises After Dell Report Shows Continued AI Dominance; Is Nvidia A Buy Now?

Nvidia Rises After Dell Report Shows Continued AI Dominance; Is Nvidia A Buy Now?

Nvidia was little changed Friday even as long time leader in personal computers and partner Dell fell after earnings. On the conference call, Dell's Chief Operating Officer Jeffrey Clarke made note of Nvidia's dominance in the artificial intelligence server market. On Tuesday, Nvidia shares soared above the 1,100 level for the first time after Tesla CEO Elon Musk indicated the AI chip leader would be a supplier for his AI startup xAI.