Despite the economic uncertainty caused by the pandemic—or possibly because of it—US retirement account balances rose to record levels during the fourth quarter of 2020, as reported by Fidelity Investments. The firm said individual contributions to individual retirement accounts (IRA), as well as 401(k) and 403(b) retirement accounts remained strong during the last three months of the year.
Nvidia's (NVDA) own Big Tech customers are poised to capture a sizable slice of the AI chip market — this could eventually dig into their profits.
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