Nvidia Stock Investors Just Got Great News From CEO Jensen Huang
From Nasdaq: 2025-01-10 03:35:00
Jensen Huang founded Nvidia in 1993 and has been CEO ever since. The company revolutionized graphics processing with the invention of the GPU in 1999. Nvidia GPUs are now crucial for 3D design, gaming, and data center applications like AI. Wall Street is excited about generative AI and Nvidia’s role in it, with the company reporting strong earnings growth and stock price increases.
At CES 2025, Jensen Huang highlighted Nvidia’s strong product pipeline and discussed the future of physical AI, focusing on autonomous vehicles and robotics. Nvidia is well-positioned to dominate the robotics industry with its comprehensive product offerings. The company’s autonomous driving segment is set to grow significantly, with revenue expected to hit $5 billion this year.
Nvidia stock, despite its impressive growth, is considered reasonably priced with strong earnings growth projections. The company’s focus on autonomous driving and robotics presents a long-term investment opportunity. While Nvidia wasn’t included in the Motley Fool’s list of top 10 stocks, historical performance indicates strong potential for significant returns.
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