Reported 12 months ago
Nvidia's stock has surged over 750% driven by AI technology potential, with GPUs as the industry standard. The company leads in data center and machine learning processing markets. Analyst Ben Reitzes sees Nvidia's hardware-software integration as a key advantage for AI, estimating $270 billion in cash in three years. Nvidia raised its dividend and announced a $25 billion buyback plan, showcasing potential for more returns to shareholders.
Source: YAHOO