Nvidia, the second most valuable company globally with a market cap exceeding $3 trillion, saw its shares peak at $138.07 before settling at $131.32 due to strong demand for its AI chips, particularly the Blackwell AI chip. CEO Jensen Huang expressed concerns over meeting demand, as major clients like Amazon and Microsoft contribute over 40% of revenue. Despite surpassing analyst expectations last quarter with a 122% revenue growth, Nvidia remains focused on meeting the high demand for its technology.
Full Article
Loading PerspectiveSplit analysis...
