Reported about 6 hours ago
Nvidia's stock has surged 179% in 2024, propelled by its growth in artificial intelligence, yet the anticipated demand from its upcoming Blackwell GPU architecture may not materialize until later next year. Despite this, Nvidia's existing product line, including robust gains in data centers and automotive sectors, indicates strong momentum and justifies its high valuation. As it continues to dominate the GPU market, analysts project further growth, making Nvidia a compelling investment opportunity.
Source: YAHOO