Macquarie tells investors in a research note that Nvidia (NVDA) is pushing up the stack with more software releases, and its CUDA-enabled software releases for its AI platform make AI apps easier to build, more portable, better optimized, and is a boon for builders. The firm thinks Outperform-rated Microsoft (MSFT) is positioned to monetize both Nvidia’s new hardware and the software-layer value unlocked with Nvidia’s latest releases.
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