Nvidia. Why further growth is ahead and you didn't miss the party
Nvidia's $NVIDIA (NVDA.US)$ shares are up 60% this year, but if you think you missed the Nvidia boat, which I don't think you have. Then this video and post is for you.
I think Nvidia has untapped growth ahead of, because;
Firstly - The majority of Nvidia's revenue is from its data center division, as in it sells chips to big tech companies like Microsoft, Meta, Amazon and Alphabet. These tech giants are ordering more AI chips, to stay competitive and boost efficiency.
Secondly- Nvidia's CEO said, AI demand is surging across industries and nations – but currently its core clients are in tech. So this means, Nvidia's at the tip point of scaling into other industries like healthcare and agriculture.
Thirdly - Nvidia's H100 AI chips are now being shipped in under 3-4 months, instead of 8-11 months, meaning Nvidia's is getting more immediate revenue and increasing productivity. Plus Nvidia will begin selling its new H200 chip next quarter. It has a higher price tag and quicker speeds and tech giants have already preordered it.
WATCH VIDEO HERE Nvidia - why you have not missed the boat
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