NVDA - How Nvidia Is Leaving Competitors In The Dust
2024-05-24 09:29:14 ET
Summary
- Nvidia Corporation continues to grow rapidly as competitors struggle to gain a foothold in AI accelerators.
- Nvidia's aggressive technological progress and capacity expansion have made it very difficult for others to compete.
- Consequently, I expect Nvidia to see strong growth through the rest of 2024 and 2025.
- Overall, I maintain a strong buy rating for Nvidia stock.
Nvidia Corporation ( NVDA ) reported fiscal Q1 2025 earnings on Wednesday, May 22. The company posted a strong beat yet again, and guided continued growth for the current quarter (fiscal Q2, 2025). On the earnings call , management also provided updates pertaining to its competitive positioning for the next few quarters....
How Nvidia Is Leaving Competitors In The Dust