Jensen Huang Says Nvidia's "Off to the Races." Here's What Could Happen Next.
Nvidia (NASDAQ: NVDA) has delivered such growth in recent years -- with revenue soaring in the double and triple digits and to record levels -- that investors were starting to wonder if the artificial intelligence (AI) giant soon would run out of steam. The concern was that Nvidia's best days might have already passed. After all, such a pace of growth generally doesn't last forever.To make matters worse, over the past couple of months, a backdrop of concerns about import tariffs and AI chip export restrictions to the major market of China prompted some investors to think twice before getting in on Nvidia stock -- even as it was trading at bargain levels. They worried that a potential slowdown was indeed happening.That's why all eyes were on Nvidia's quarterly earnings report this week, with investors hoping to gather clues about current AI demand and prospects ahead. And Nvidia Chief Executive Officer Jensen Huang uttered a key phrase that set the tone for the months and quarters to come. Let's consider what may happen next.Continue reading
Nvidia (NASDAQ: NVDA) has delivered such growth in recent years -- with revenue soaring in the double and triple digits and to record levels -- that investors were starting to wonder if the artificial intelligence (AI) giant soon would run out of steam. The concern was that Nvidia's best days might have already passed. After all, such a pace of growth generally doesn't last forever.
To make matters worse, over the past couple of months, a backdrop of concerns about import tariffs and AI chip export restrictions to the major market of China prompted some investors to think twice before getting in on Nvidia stock -- even as it was trading at bargain levels. They worried that a potential slowdown was indeed happening.
That's why all eyes were on Nvidia's quarterly earnings report this week, with investors hoping to gather clues about current AI demand and prospects ahead. And Nvidia Chief Executive Officer Jensen Huang uttered a key phrase that set the tone for the months and quarters to come. Let's consider what may happen next.
