11.01.2025 10:03:00

Jensen Huang Just Delivered Trillion-Dollar News to Nvidia Investors

Nvidia (NASDAQ: NVDA) has offered investors good news on many occasions in recent years. From reports of record revenue and high demand for its new products to an invitation last year to join the Dow Jones Industrial Average, the chipmaker has been on fire. This is because Nvidia has built an empire in today's hottest growth area: artificial intelligence (AI).The tech giant is the source of the world's most sought-after chips as well as a wide variety of related products and services -- and the world's biggest companies, from Amazon to Tesla, are spending massive sums on them. These companies use Nvidia's tools to power their AI programs or in the case of cloud infrastructure providers like Amazon Web Services (AWS), to offer their processing power to their customers. All of this helped lift Nvidia's stock price by 171% last year -- the best performance of any Dow component.But Nvidia's exciting news is far from over. CEO Jensen Huang recently delivered a trillion-dollar message to Nvidia investors that could signal more gains over the long term.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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