From Nasdaq: 2024-09-18 04:05:00

1. Nvidia (NASDAQ: NVDA) has experienced incredible growth in recent years, with triple-digit percentage rate increases in quarterly revenues and profits. The company’s dominance in the AI chip market has led to a gross margin of over 70% and a stock price increase of over 2,400% in five years.

2. Despite concerns about future growth due to increased competition in the AI chip market, recent actions by Tesla’s Elon Musk and Oracle’s Larry Ellison signal that Nvidia still has significant potential for growth ahead. This should ease worries for current shareholders and potential investors.

3. Nvidia’s GPUs are highly sought after due to their speed and efficiency in processing multiple tasks simultaneously, making them valuable for AI applications. Demand for these chips continues to outpace supply, with major companies like Tesla and Oracle even resorting to begging for more GPUs.

4. The recent move by Ellison and Musk to request more GPUs from Nvidia highlights the company’s strong revenue growth potential, especially as demand for AI chips remains high. This underscores the importance of Nvidia’s GPUs in the AI landscape and the reluctance of major companies to turn to rival hardware suppliers.

5. While some investors may be concerned about competition in the AI chip market, the actions of Ellison and Musk show that Nvidia’s GPUs are in high demand. This, coupled with the company’s innovation and strong position in the industry, makes it a promising investment for both current shareholders and long-term investors.



Read more at Nasdaq: This Shocking Move by Elon Musk and Larry Ellison Signals Enormous Growth Ahead for Nvidia (and Should Eliminate Its Shareholders’ Biggest Worry)