Jensen Huang Just Delivered Fantastic News for Nvidia Investors
From Nasdaq: 2024-11-22 03:35:00
Nvidia (NASDAQ: NVDA) reported strong fiscal 2025 third-quarter figures, surpassing revenue and earnings estimates. The company remains a dominant force in the AI chip market with 80% market share, predicting a 70% increase in fourth-quarter revenue year over year.
Nvidia is well-positioned to benefit from the $1 trillion AI market, offering top-performing chips and related products. The company’s Blackwell architecture launch is in full production, with increasing deliveries and revenue expected in the fourth quarter.
Nvidia’s optimistic outlook includes plans to beat revenue expectations for Blackwell in the fourth quarter, positioning the platform as a major revenue driver. Despite a potential slowdown in growth, Nvidia’s long-term prospects remain bright in the AI industry.
Investors have reason to celebrate as Nvidia continues to deliver strong performance and growth potential. A potential dip in share price could offer a second chance for both existing and new investors to capitalize on the company’s success in the AI market.
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