Nvidia's AI accelerators have between 70% and 95% of the market share for artificial intelligence chips. But there's more competition than ever as startups, cloud companies and other chipmakers ramp up development.
Nvidia's AI-driven revenue soared in fiscal Q1 2025, boosting top-line growth by 262% year over year. The stock recently hit all-time highs, with a market capitalization of $2.85 trillion.
Surging demand for AI chips in the data center market continues to be the major growth catalyst for Nvidia. Power-hungry inferencing workloads have emerged as a key growth catalyst for Nvidia.
The world's biggest heavyweights in chipmaking and artificial intelligence will converge this week for Taiwan's premier tech expo, with Nvidia CEO Jensen Huang expected to get a rockstar reception at his keynote speech on Sunday.
Nvidia recently announced a 10-for-1 stock split. The company continues to generate strong operational and financial results.
Nvidia's gaming business recorded solid growth last quarter. Nvidia could see even better times ahead thanks to the emergence of AI PCs.
Nvidia announced a 10-for-1 stock split during its first-quarter earnings report. Since its last split in July 2021, Nvidia stock has returned over 450%.
Highlights of 24/7 Wall Street Analysts Eric Bleeker and Austin Smith's discussion can be found below.
Elon Musk's AI start-up recently raised $6 billion in venture capital funding. Musk plans to purchase 100,000 chips from Nvidia to build a supercomputer.
Artificial intelligence (AI) developments captured investors' attention in the first six months of 2024, with AI-related momentum leading several tech stocks to outpace the S&P 500 and the Nasdaq Composite indexes in the first half of the year.
24/7 Wall Street Analysts Eric Bleeker and Austin Smith discuss how one stock is driving the Magnificent 7's returns in 2024.
Some investors are excited about Nvidia's upcoming 10-for-1 stock split. The company has a new technology on the way that provides a much better reason to buy the stock.