AI giant’s stock poised for growth amid challenges By Investing.com
NVIDIA Corporation (NASDAQ:), a leading technology company renowned for its graphics processing units (GPUs) and artificial intelligence (AI) computing capabilities, continues to dominate the AI chip market. As the company prepares to launch its highly anticipated Blackwell architecture, analysts are closely watching NVIDIA’s potential for sustained growth in an increasingly competitive landscape.
AI Leadership and Product Innovation
NVIDIA’s stronghold in the AI accelerator market, with an estimated 90% share in data centers, positions the company at the forefront of the AI revolution. The upcoming Blackwell GPU platform, expected to begin volume production in the fourth quarter of 2024, has generated significant excitement among…
