Riding the Wave of AI - NVIDIA's 2024 and Beyond Stock Analysis | Entrepreneur
Briefly

NVDA's share price has soared 218.1% over the past year as demand for its AI-capable GPUs skyrocketed.
The market for specialized chips optimized for generative AI is expected to reach $50 billion this year, offering significant growth opportunities for NVDA.
NVDA's expansion into healthcare AI with new tools and partnerships, like with Johnson & Johnson and GE Healthcare, can generate substantial revenues.
NVDA's new generation AI GPUs, Blackwell, and a software platform called NIM are aimed at enhancing AI model deployment, contributing to future growth.
NVDA's financial performance, with a substantial revenue increase and operating income rise year-over-year, suggests a strong position for future prospects.
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