NVDA - What's Next for Nvidia? CEO Jensen Huang Says This Is What's After Blackwell.
2024-07-10 04:45:00 ET
Nvidia (NASDAQ: NVDA) has wowed investors with its share performance, climbing 150% in the first half of the year -- and that's after a 1,300% five-year gain. But this is far from a random movement. Nvidia has come this far thanks to its innovation, which has led to top-performing products and triple-digit quarterly earnings growth in recent times. Over the period of just a few years, the tech company has shifted from a player that mainly served the video games industry to a player that dominates the artificial intelligence (AI) chip market.
And this momentum continues, with Nvidia readying to launch its new Blackwell architecture and chip later this year. This could be a game-changer for those developing AI platforms -- and that should translate into more growth for Nvidia. But, as investors, we always tend to look beyond the latest thing and into the future. What's next for Nvidia? Let's find out directly from the company's chief executive officer Jensen Huang.
Image source: Getty Images.
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What's Next for Nvidia? CEO Jensen Huang Says This Is What's After Blackwell.