Nvidia valued at $1 trillion thanks to AI boom

"We view Nvidia at the core hearts and lungs of the AI revolution," Wedbush Securities analyst Dan Ives wrote last week, after the firm told investors it expected to bring in $11bn in sales in the three months to August - almost 50% more than analysts had expected. Meanwhile, there are questions about whether Nvidia can keep up with demand. The firm also faces ethical issues, such as whether it should vet the AI products for which it produces chips, amid swirling concerns about the impact of AI on society....