Artificial intelligence has been a huge buzzword over the past several weeks as companies such as Microsoft (MSFT +1.29%) and Alphabet (GOOGL 0.78%) (GOOG 0.77%) battle over AI chatbot supremacy. Is AI simply hype, or will pick-and-shovel stocks like Nvidia benefit and reward long-term investors? In today's video, I provide an update on Nvidia (NVDA +1.77%) earnings and technical analysis on where the stock might be headed next.
*Stock prices used were the morning prices of Feb. 22, 2023. The video was published on Feb. 22, 2023.