What Nvidia's CEO Just Said Could Mean Billions in More Growth
Nvidia's (NASDAQ: NVDA) stock price has stretched to a high valuation of 115 times earnings following another blockbuster earnings report. That is an expensive price tag, but Nvidia is keeping it interesting by continuing to launch new products that expand its long-term growth potential.
During the earnings call, CEO Jensen Huang spoke about the massive opportunity with Nvidia Omniverse, a software platform that is designed as a collaboration tool for developers working on 3D simulation and virtual world-building. Huang said Omniverse is "one of the largest graphics opportunities that we've ever seen."
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Source Fool.com
