Nvidia posts 73% revenue surge to $68.1 billion as AI chip boom fuels $4.8 trillion valuation debate
©AP Photo/Jeff Chiu, File Pre-reading Questions: I will read each question. Then, please answer them. What companies are leading artificial intelligence development today? Why do investors watch quarterly earnings reports closely? Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. projection /pruh-JEK-shuhn/ [noun] – a calculation or guess about the future based on information Analysts made a projection about next year’s sales. surge /SURJ/ [verb] – to increase suddenly and strongly Sales can surge when demand is high. accelerate /ak-SEL-uh-reyt/ [verb] – to happen or make something happen faster The company plans to accelerate production. skeptical /SKEP-ti-kuhl/ [adjective] – having doubts that something is true…
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