From Nasdaq: 2024-06-19 06:50:00

NVIDIA Corp. NVDA became the world’s most valuable company, surpassing Microsoft and Apple. Stock price soared 175% this year, 215% in the past 12 months, and 3,400% in the last five years. Revenues in the first quarter of fiscal 2025 rose 262% year over year. Next-gen AI chips like Blackwell Ultra and Rubin are set to drive growth. Strong guidance for fiscal second quarter with sales expected to reach $28 billion. The AI market is expected to grow to nearly $2 trillion by 2030, with NVIDIA leading the way in visual computing technologies and GPU chipsets. Strong earnings growth rate and positive earnings surprises make NVIDIA a top pick for investors.



Read more at Nasdaq: NVIDIA’s Meteoric Rise Has More Room for Growth