Can Nvidia Keep Growing by Leaps and Bounds? These 2 Numbers Scream an Emphatic "Yes."
==========

A recent survey found that 85% of corporate executives plan to increase their organization's investments in artificial intelligence (AI) in 2024, with 89% ranking AI and generative AI as one of their top three technology priorities for the year. More than half of the executives expect to obtain cost savings from AI this year. Nvidia's revenue soared 265% year over year to a record high, and its growth story is impressive. The demand for AI and generative AI is surging worldwide, and Nvidia's technology is the de facto standard for AI infrastructure. However, while Nvidia's revenue is expected to continue growing, its stock price already reflects a significant amount of anticipated growth, and it remains to be seen if the stock will continue to soar.

#Nvidia #ArtificialIntelligence #GenerativeAi #RevenueGrowth #StockGrowth

https://www.fool.com/investing/2024/03/09/can-nvidia-keep-growing-by-leaps-and-bounds-these/