February's CPI was a touch hotter than expected. That didn't cool stock investor's exuberance for AI-related stocks. Nvidia was up more than 7% today, erasing nearly all of the drop over the previous two days. The company will be hosting its AI conference in San Jose at the beginning of next week:
"Come connect with a dream team of industry luminaries, developers, researchers, and business strategists helping shape what's next in AI and accelerated computing. From the highly anticipated keynote by NVIDIA CEO Jensen Huang to over 900 inspiring sessions, 300+ exhibits, 20+ technical workshops covering generative AI and more..." It's hard to imagine being short tech stocks ahead of this AI happening.
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