Reported 13 days ago
Nvidia's stock has dramatically increased by 2,700% over the last five years, fueled by its pivotal role in the booming AI market, projected to reach $1 trillion. With a robust demand for its GPUs and strong revenue growth forecasted, investors are considering whether to buy ahead of two significant catalysts: the third-quarter earnings report due on November 20 and the launch of its new Blackwell architecture. If Nvidia meets its anticipated earnings and successfully manages supply chains for Blackwell, the stock could see substantial gains, making it an attractive buy for long-term investors.
Source: YAHOO