Nvidia Stock Surges Amid Booming Blackwell Demand

Reported about 6 hours ago

Nvidia's shares have rebounded after CEO Jensen Huang announced that the Blackwell chip is in full production and experiencing unprecedented demand. The stock is up 11% this month, nearing its record from June, and analysts predict its revenue will more than double this fiscal year. Optimism surrounding AI initiatives continues to drive investor interest, making Nvidia a favored investment as major companies enhance their AI capabilities.

Source: YAHOO

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