Nvidia shares surged after the chipmaker's better-than-anticipated earnings report, as its CEO said generative AI has hit a "tipping point."
The growing fear that there is not enough semiconductor supply to meet the AI demand is adding new urgency to the effort to bring chipmaking back on US soil.
Baron Funds, an investment management company, released its “Baron Fifth Avenue Growth Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The fund increased 17.6% (Institutional Shares) in the fourth quarter compared to a 14.2% gain for the Russell 1000 Growth Index and an 11.7% increase for the S&P […]