Nvidia's AI Chip Dominance Driven by Massive Growth and Next-Gen Products
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Nvidia's stock price surge is backed by massive revenue and earnings growth, not speculation. The demand for its AI chips is very strong.
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Nvidia's new H100 chip delivers a big performance boost for AI workloads. Customers have been waiting over a year to get them.
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Nvidia's next-gen Blackwell chips will offer even more AI performance gains. This will maintain Nvidia's dominance.
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The U.S. government is funding upgrades to TSMC's chip plants that Nvidia relies on. This will fuel Nvidia's future AI chips.
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Analysts expect Nvidia's earnings to grow 35% annually over the next 5 years. Its stock could double or more by 2029 based on these projections.