Nvidia launching Blackwell architecture and chip, poised for revenue growth in AI market

From Nasdaq: 2024-12-02 04:45:00

Nvidia is set to launch its Blackwell architecture and chip, showcasing its latest innovations and strengthening its position in the AI market. With soaring earnings and stock performance, the release of Blackwell is anticipated to drive further revenue growth for the tech giant.

Microsoft Azure becomes the first cloud to run Nvidia’s Blackwell system, with high demand exceeding supply. Nvidia is scaling up production and predicts Blackwell revenue in the current quarter to surpass initial forecasts, signaling significant growth potential. Keep an eye on customer trends and announcements for insights into future performance.

As Nvidia ramps up Blackwell production in the fourth quarter, the company faces a pivotal moment. Investors should monitor launch pace and demand levels, as Blackwell represents a long-term opportunity for revenue growth. Now is a crucial time to watch Nvidia, as this launch will set the tone for upcoming quarters.

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Read more at Nasdaq: Nvidia’s Blackwell Launch: Here’s What to Look for Next.