26.11.2024 10:53:00

Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors

Nvidia (NASDAQ: NVDA) supplies the most advanced graphics processing units (GPUs) for developing artificial intelligence (AI) models. Many of the world's largest technology companies are spending boatloads of money to fill their data centers with those chips as they jostle for leadership in the AI race.As a result, Nvidia's data center revenue generated triple-digit percentage growth in each of the last six quarters. But some Wall Street analysts are questioning how long the AI spending boom can last.During an earnings call with investors for the fiscal 2025 third quarter (ended Oct. 27), Nvidia CEO Jensen Huang aimed to put those concerns to bed. He also offered some insights into the demand picture for its new Blackwell GPUs, and here's why investors should be very excited.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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