All About Nvidia Chips, AI Hype and What Lies Ahead
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The blistering stock rally that’s made Nvidia Corp. one of the world’s three most valuable companies is based on a number of assumptions. One is that artificial intelligence applications made possible by its semiconductors will become features of the modern economy. Another is that Nvidia, and the patchwork of subcontractors upon which it relies, can meet the exploding demand for its equipment without a hitch.
The excitement surrounding artificial intelligence has ebbed and flowed, but Nvidia remains the preeminent picks-and-shovels seller in an AI gold rush. Revenue is still soaring, and the order book for the company’s Hopper chip lineup and its successor — Blackwell — is bulging.