Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors
Nvidia (NASDAQ: NVDA) is the world's leading supplier of graphics processing units (GPUs) for data centers, which are the key pieces of hardware for developing artificial intelligence (AI). Since the beginning of 2023, Nvidia's market value has grown by an eye-popping $3 trillion thanks to soaring demand for those chips, but the company is just getting warmed up.Every new generation of AI model so far has required significantly more computing capacity than the last, which is a major tailwind for Nvidia's hardware sales. During a recent conference call where management discussed the company's results for the fiscal 2026 first quarter (ended April 27), CEO Jensen Huang made a series of comments about future demand that should be music to investors' ears.Nvidia stock looks attractive right now relative to its history, so here's why it could be a great buy on the back of Huang's latest remarks.Continue reading
Nvidia (NASDAQ: NVDA) is the world's leading supplier of graphics processing units (GPUs) for data centers, which are the key pieces of hardware for developing artificial intelligence (AI). Since the beginning of 2023, Nvidia's market value has grown by an eye-popping $3 trillion thanks to soaring demand for those chips, but the company is just getting warmed up.
Every new generation of AI model so far has required significantly more computing capacity than the last, which is a major tailwind for Nvidia's hardware sales. During a recent conference call where management discussed the company's results for the fiscal 2026 first quarter (ended April 27), CEO Jensen Huang made a series of comments about future demand that should be music to investors' ears.
Nvidia stock looks attractive right now relative to its history, so here's why it could be a great buy on the back of Huang's latest remarks.
