Can Anything Stop Nvidia?
We're now two years removed from OpenAI's launch of ChatGPT, and there's no doubt which company has been the biggest winner of the generative AI revolution so far.
Nvidia (NASDAQ: NVDA), now best known for making cutting-edge chips capable of powering AI applications like ChatGPT, has seen its stock jump by 10 times since the beginning of 2023, making plenty of investors significantly richer. This month, it again became the world's most valuable company, with a market cap of more than $3.5 trillion.
Despite concerns that competition would bring it to heel or that the AI megatrend was inflating a bubble that would eventually burst, Nvidia has continued to deliver blowout results, and that pattern was on display once again in the fiscal 2025 third-quarter earnings report it delivered Wednesday.
Source Fool.com
