From Nasdaq: 2024-11-23 03:35:00

Nvidia (NASDAQ: NVDA) continues to impress investors with its rapid innovation in AI, launching Ampere in 2020 and Hopper in 2022, driving triple-digit data center revenue growth. The highly anticipated Blackwell architecture is set to launch this quarter, boasting powerful features like preventative maintenance and high-speed networking.

Supply chain risks are mitigated as Nvidia collaborates with various partners like Micron Technology and Super Micro Computer to meet high demand for Blackwell. Major tech players like Microsoft, Oracle, and OpenAI are driving demand, with Meta Platforms and Alphabet already utilizing Blackwell systems at scale.

Gross margin may temporarily dip as Nvidia launches Blackwell due to high costs managing various configurations, chips, and customers. However, the company expects margin to stabilize in the mid-70% range next year. Investors should consider seizing the opportunity to invest in Nvidia as Blackwell becomes a key revenue driver.

Don’t miss out on potential investment opportunities with Nvidia. The company’s history of high returns on investments, like $380,291 from investing $1,000 in 2009, makes it a compelling choice. With “Double Down” stock recommendations, now could be the perfect time to invest in Nvidia and other promising companies.



Read more at Nasdaq: Nvidia’s Blackwell Launch Is on the Way. 3 Things You Need to Know.