Nvidia H200 is the fastest product launch in history
Nvidia Corporation reported a 93.6% increase in sales and a 101.4% year-over-year increase in adjusted operating income due to strong data center demand and AI computing.
H200 sales reached billions of dollars, and strong partnerships in the AI ecosystem marked the fastest product launch in Nvidia's history.
Nvidia is forecasting revenue of $37.5 billion for the fourth quarter, and revenue growth is expected to increase 111% in fiscal year 25, driven by the data center and automotive sectors.
Despite potential competition from OpenAI's custom AI chips, I once again express my “strong buy” assessment with Nvidia's target share price for 1 year at $184 per share.
The previous “strong buy” announced in 2024/8In the paper, Nvidia Corporation (NASDAQ:NVDA)'s strong network growth and Blackwell's enhancements were highlighted. NvidiaIn the 3rd quarterStrong performance was achieved, sales increased 93.6%, and adjusted operating profit increased 101.4% from the previous year. I once again expressed my “strong buy” evaluation, and my target stock price for 1 year is 184 dollars per share
H200 sales reached billions of dollars, and strong partnerships in the AI ecosystem marked the fastest product launch in Nvidia's history.
Nvidia is forecasting revenue of $37.5 billion for the fourth quarter, and revenue growth is expected to increase 111% in fiscal year 25, driven by the data center and automotive sectors.
Despite potential competition from OpenAI's custom AI chips, I once again express my “strong buy” assessment with Nvidia's target share price for 1 year at $184 per share.
The previous “strong buy” announced in 2024/8In the paper, Nvidia Corporation (NASDAQ:NVDA)'s strong network growth and Blackwell's enhancements were highlighted. NvidiaIn the 3rd quarterStrong performance was achieved, sales increased 93.6%, and adjusted operating profit increased 101.4% from the previous year. I once again expressed my “strong buy” evaluation, and my target stock price for 1 year is 184 dollars per share
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Magnificent7 : Let's keep going!