Nvidia has soared over 170% this year, fueled by its dominance in the AI chip market. Nvidia's quarterly net income and revenue have climbed triple digits, propelling the company into the Dow Jones Industrial Average and briefly making it the world's most valuable company. Its current market cap stands above $3 trillion, and demand for Nvidia's Blackwell-powered platform exceeds supply. The chipmaker maintains high demand and profitability, with gross margins above 70%. Slower growth reflects the company's maturation, not a loss of momentum, as it transitions to its next growth phase amid a booming AI market.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA has soared over 170% this year, fueled by its dominance in the AI chip market.
00:08NVIDIA's quarterly net income and revenue have climbed triple digits,
00:11rebelling the company into the Dow Jones Industrial Average and briefly making it
00:15the world's most valuable company. Its current market cap stands above $3 trillion,
00:20and demand for NVIDIA's Blackwell-powered platform exceeds supply. The chipmaker maintains
00:25high demand and profitability, with growth margins above 70%. Slower growth reflects
00:30the company's maturation, not a loss of momentum, as it transitions to its next
00:34growth phase amid a booming AI market. For all things money, visit Benzinga.com
00:39slash GSTV.