NVIDIA's market dominance | Jessica Amir on Ticker TV

In an interview on Ticker TV, moomoo Market Strategist Jessica Amir discussed Nvidia's stock price, which has risen by 32% so far this month and by 131% this year. She mentioned that the upward momentum is ongoing and emphasized how investors can take advantage of the upcoming stock split.

Australia's inflation exceeds expectations, prompting some Aussies to start investing for extra income. Embracing the motto "keep calm, carry on, and keep investing," people are exploring fractional shares, allowing investments in companies like Nvidia with just $5, particularly on moomoo. Jessica says investing early and consistently in good quality and profitable firms can help accelerate wealth creation in the digital revolution. She points out the key industries for this approach include future tech, like AI, power generation, and commodities.

Nvidia's shares are soaring, up 32% this month and 131% this year. However, the rally might not be over yet. Following the 10-to-1 stock split, analysts predict a drop back to under $200, where it traded 16 months ago. Historically, Nvidia’s shares rose 23% (on average) over the last five splits. This event is anticipated to trigger a retail buying frenzy similar to previous surges seen with Amazon, Google, and Tesla.

Additionally, the tech giant continues to reel in orders from industry leaders, including Meta's commitment to purchase billions of Nvidia chips. Other major players like Amazon, Microsoft, and Google have also placed orders for Nvidia's high-end H200 chip. Nvidia's impressive quarterly revenue growth of 262%, marked its third consecutive quarter with over 200% growth. Notably, its data center business reeled in 427% alone.

Recent collaborations with healthcare giants such as GE, J&J, and Novo also indicate Nvidia's expanding influence across sectors, echoing the CEO's sentiments that the fourth industrial revolution is just beginning.

Click the image to watch the full interview: