Does it mean that the nvidia's party is over?
Source: The Great Martis, Time Magazine
Should we be scared ?
source : mad money, Mayhem4Markets
Nvidia CEO Jensen Huang drew this graphic showing Nvidia's journey from 1964 to today
source : stockmktnewz
Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models.
The new AI graphics processors are named Blackwell and are expected to ship later this year. $NVDA CEO: "Over the course of the last eight years, we've increased computation by one thousand times. In the good old days of Moore's Law, it was two times, then five times every five years. Now, it's ten times every five years, a hundred times every ten years. In the middle, the heydays of the PC revolution, it was a hundred times every ten years. And in the last eight years, we've gone one thousand times. We have two more years to go" Source: The Transcript
Nvidia $NVDA in talks to acquire Israeli startup Run:ai in a deal that could be worth up to a billion dollars
Source: Markets & Mayhem
% Increase Over Last 10 years...
Nvidia stock price: +19,970% Nvidia net income: +5,860% Nvidia revenue: +1,320% $NVDA Source: Charlie Bilello
Inflows into bullish Nvidia ETF hit record
Net daily inflows into the GraniteShares 2x Long NVDA Daily ETF NVDL.O hit a record of $197 million, according to LSEG Lipper data. The assets managed by the ETF have grown to $1.41 billion from $213.75 million at the start of the year." source : reuters
Nvidia, $NVDA, is now just $300 billion away from passing Apple, $AAPL, as the second largest company in the world.
That means Nvidia would need to rise another 13% to dethrone Apple. With $NVDA currently trading at $919, we would need to see a move to $1040 for the stock to pass $AAPL. Just 4 years ago, Apple was more than 20 TIMES larger than Nvidia was. It's now nearly 5 TIMES larger than Walmart, $WMT, by market cap. Source: The Kobeissi Letter
