Reported 1 day ago
NVIDIA (NVDA) is experiencing strong demand for its chips, with shares rising roughly 20% over the past month. Analyst Kimberly Forrest likens the company's dominance to Porsche's reputation for unmatched quality, stating that NVIDIA is 'firing on all cylinders' as everyone seeks its products. Despite challenges such as U.S. import restrictions affecting inventory, NVIDIA is expected to achieve impressive gross margins and has significant initiatives underway, including major AI GPU contracts in Saudi Arabia and the UAE. Investor concerns about potential near-term demand plateau and new tariffs persist, but the outlook for NVIDIA remains strong with its essential role in global computing.
Source: YAHOO