As a result, Nvidia's revenue has exploded higher in recent years. For example, in the latest quarter, revenue came in at a record of more than $35 billion -- higher than a full year of revenue just two years ago. Importantly, the company is also highly profitable on sales, with a gross margin of more than 70% in recent quarters.
The past two years have been absolutely incredible for investors in Nvidia (NASDAQ: NVDA) as shares of the semiconductor giant more than doubled in both 2023 and 2024, rising 860% since the beginning of last year thanks to the effects that artificial intelligence (AI) has had on the company's revenue and earnings.
Newly minted highs of nearly $85 per share will be far in the rearview mirror as Palantir strikes its way towards a price target of $100 and then $125. All thanks to Wall Steet’s shift to being buyers of the stock. As always, the simplest trade here is a buy and hold strategy.
Retail traders sent almost $30 billion into Nvidia shares this year on balance, according to Vanda Research. It's the latest honor for the megacap tech stock, which has shown leadership within artificial intelligence that has dazzled both Wall Street and Main Street.
Nvidia’s RTX 4080 launched with a $1,200 price tag, and many thought that to be too much. The Super variant fixed that problem, pushing the price down to $1,000. Could Nvidia then turn around and bring it back up to $1,200 to $1,500 for the RTX 5080? I hope not. We’ll find out more on January 6 when Nvidia officially announces the graphics card.
Nvidia (NASDAQ: NVDA) had two phenomenal years in the market, and I doubt that it will be able to repeat its performance in 2025. Although there are numerous reasons, I've come up with three solid ones that convinced me to pick up some Nvidia shares before 2025 arrives.
Groq, Positron, and SambaNova aim to leverage evolving AI workloads in 2025 to challenge Nvidia's leadership in the market.
Related: Ongoing problem may be costing Nvidia customers. For more from Sarge and some of the other brightest minds on Wall Street, visit TheStreet Pro and take advantage of our B
Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.
Nvidia is soaring now, but could its dominance fade in the next few years? Two tech titans could outshine Nvidia by 2029.
The Nvidia B300 chips that sit at the heart of the GB300 will require 1,400 watts of power, and the networking speed has been upgraded with the switch from ConnectX 7 to ConnectX 8, expanding bandwidth from 800 gigabits per second to 1.6 terabits per second.
A PC gamer makes a timely find at their local Walmart, as an outgoing Nvidia RTX graphics card was marked down ahead of the next GPU generation.