This Magnificent Seven Stock Is Crushing Moore's Law and Could Become The World's Most Valuable Company
While each "Magnificent Seven" stock is exciting in the artificial intelligence (AI) era, none is as exciting as Nvidia (NASDAQ: NVDA). For the past year, the company has exceeded even the tremendous expectations placed on it ever since last May's blowout earnings report. And this week, its GTC developer conference didn't disappoint.
During the conference, CEO Jensen Huang introduced Nvidia's new GPU chip named Blackwell, which will be out later this year. It's Nvidia's next-generation GPU architecture after Hopper, which has taken the tech world by storm over the past two years.
The sheer computing accomplishments of Blackwell highlight Nvidia's importance and why it may become the world's most valuable company one day, up from the third-most valuable today.
Source Fool.com
