Although NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang rarely lacks for big numbers, his latest one stopped Wall Street cold.
This emerging AI stock could be the best deal on the market.
Nvidia Corporation has achieved explosive revenue growth, now running at a $326–$364 billion annualized rate, driven by AI infrastructure demand. NVDA's Data Center segment, powered by Blackwell chips, delivers 92% of revenue and maintains elite non-GAAP gross margins near 75%. Valuation is stretched, trading at a mid-20s forward earnings multiple; future returns hinge on earnings compounding rather than further multiple expansion.
NVDA's strong revenue growth, higher gross margin, robust growth outlook and lower valuation signal an edge over MRVL amid the AI infrastructure boom.
Shares of Nvidia (NVDA) edged higher on Friday as investors turned their attention toward next week's Computex conference, which could provide the next major catalyst for the world's most valuable chipmaker. The stock rose about 1% to $215.41 in early trading and is up roughly 15% so far this year.
Every retirement portfolio in America seems to have one stock in common right now: NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), the AI hardware giant that just printed $81.6 billion in quarterly revenue and 85.23% year-over-year growth.
The hot ticker right now is OpenAI's compute footprint, which is fueling everything from Oracle (NYSE:ORCL | ORCL Price Prediction) to NVIDIA (NASDAQ:NVDA) to a half dozen private power developers, and the consensus is that the only way to play the AI buildout is to pay nosebleed multiples for the names printing the headlines.
It's hard to believe that shares of Nvidia (NASDAQ:NVDA | NVDA Price Prediction) could still have gas left in the tank as the firm reports absolutely stunning results to a tough crowd that continues to discount, or even dismiss, the massive strides that Jensen Huang's empire has been making.
Nvidia (NASDAQ: NVDA) is deepening its push into photonics, the light-based technology that could become the next big battleground in artificial intelligence infrastructure. The company has spent the past two months striking deals with suppliers that make the lasers, optical components and fibre connections needed to move data inside massive AI data centres.
Somewhere along the path that made Nvidia (NASDAQ: NVDA | NVDA Price Prediction) the world's most valuable company, Jensen Huang became the world's 8th richest person at $176 billion.
NVIDIA Corporation (NVDA) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript
Outgoing Apple CEO Tim Cook serves as chairman of the advisory board, members of which also include SpaceX boss Elon Musk, Meta chief Mark Zuckerberg, Microsoft's Satya Nadella and JPMorgan CEO Jamie Dimon.