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Nvidia dominated 2024 big-time. Next year? Plenty of challenges. [Yahoo! Finance Canada]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Its revenue and stock price soared thanks to prescient investments in artificial intelligence technologies that are paying off handsomely on the back of the generative AI wave. That's not all. It's repeatedly swapped places with Apple ( AAPL ) as the largest publicly traded company in the world by market cap, topping the $3 trillion mark. CEO Jensen Huang has become one of the most in-demand executives in Silicon Valley, meeting with everyone from fellow tech luminaries to world leaders and then some. And there's more to come. The company is ramping up production of its high-powered Blackwell chip for AI applications and expects to ship several billion dollars worth of the hardware in the fourth quarter alone, with far more expected throughout the year ahead. “Nvidia really has the [hardware and software] for the AI computing era,” Futurum Group CEO Daniel Newman told Yahoo Finance. “It's all connected inside the [server] rack, outside the [server] rack, and then the software i
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