Nvidia is dominating the stock market with a market cap of $4.8 trillion, expected to rise even further after an upcoming earnings report. The company’s revenue hit $46.7 billion in Q2, with $41.1 billion from data centers. Nvidia’s CEO announced $500 billion in chip bookings, predicting continued growth in data center revenue.
Despite challenges in China, Nvidia’s future looks bright. The company is making strategic investments and partnerships, including a $100 billion collaboration with OpenAI and stakes in Nokia, Palantir Technologies, Intel, and more. Nvidia also has a deal with the U.S. Department of Energy to build supercomputers for research purposes.
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Read more at Nasdaq: Should You Buy Nvidia Stock Before Nov. 19?
