Can AI boom drive Nvidia to a $4tn valuation despite investor doubt?
Briefly

from www.theguardian.com8 months ago
Nvidia's CEO, Jensen Huang, remains optimistic despite the share price drop, focusing on new chip advancements and AI's potential for future growth.
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/jul/02/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt
Huang considers upcoming chips like Blackwell to be potentially the most successful in Nvidia's history and even in the entire history of computers.
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/jul/02/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt
Analysts speculate that Nvidia could reach a $4 trillion valuation, driven by its strong position in the AI market but face competition from tech rivals like Microsoft and Apple.
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/jul/02/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt
Alvin Nguyen from Forrester suggests that only a collapse of the genAI market could prevent Nvidia from reaching the $4 trillion valuation, indicating confidence in its AI potential.
www.theguardian.comhttps://www.theguardian.com/technology/article/2024/jul/02/can-ai-boom-drive-nvidia-to-a-4tn-valuation-despite-investor-doubt
Read at www.theguardian.com
#nvidia #ceo #market-valuation #technology-industry
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