Nvidia CEO Declares 'Insane' Demand for New Chips: Is It Time to Invest?

Reported 3 months ago

Nvidia's recent performance has been bolstered by unprecedented demand for its new Blackwell architecture GPUs, as CEO Jensen Huang noted during a CNBC interview. With major tech companies eager to adopt this cutting-edge technology for AI applications, the outlook for Nvidia remains strong, making its stock potentially attractive for investors. Despite past growth, Nvidia's stock is still reasonably priced relative to its future prospects, suggesting it may be a good time to consider buying.

Source: YAHOO

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