NVIDIA shares, considered a barometer of technological innovation, continue to intrigue investors. Analysts are assessing the prospects for a rise in the company's stock price as Nvidia is about to release its long-awaited new Blackwell graphics chip.
Writes UNN with reference to the publication Business Insider.
Nvidia is closing in on its Apple iPhone, and soon the sale will be similar to the sale of Apple shares after the release of the first generation iPhone, says Ben Reitzes, managing director of Melius.
Despite the fact that Nvidia has already reached historic highs, investors should still wait for a while longer - analysts believe that the next turning point will be the release of a new generation of Blackwell GPU.
This is similar to how we felt when Apple released the iPhone 15 years ago, only on a different scale
Blackwell's future GPUs are the foundation of progress in artificial intelligence.
Apple releases a major update to Logic Pro: what's changed for Mac and iPad14.11.24, 10:35
“Not only are we excited that Blackwell will break even in 2025 and Ruby in 2026, but we are also increasingly optimistic that gross margins can return to the mid-70s by the middle of FY26,” Reitzes said.
Recall
Nvidia has become the most valuable company in the world amid the artificial intelligence boom.
Japanese startup Sakana AI, a strategic partner of NVIDIA, is preparing to launch its first AI product in 2025.
AI will take on a human form - Nvidia vice president28.10.24, 08:51