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Nvidia ($NVDA) stock saw positive movement as the CFO hinted at new products coming later this year, potentially leading to supply constraints. The CEO emphasized the company's aim to capture a significant market share compared to other chip companies. Nvidia also revealed a forecast of a $250 billion annual market opportunity in the data center sector, showcasing its next-generation Blackwell accelerated GPU computing architecture.
$NVDA still need to break 907+
The Nvidia $NVDA Thesis – post GTC 2024 Reveal from JPMorgan's Harlan Sur. From the product side, 3 key announcements demand attention: 1. Cutting-Edge Technology Unveiled: Nvidia showcased its next-generation Blackwell accelerated GPU computing architecture. It also…
NVIDIA $NVDA CFO SAYS NEW PRODUCTS TO COME TO MARKET LATE THIS YEAR NVIDIA CFO SAYS THERE MIGHT BE SUPPLY CONSTRAINTS