No company has been a bigger winner than Nvidia (NASDAQ: NVDA) as nearly every tech company has collectively poured billions of dollars into developing their generative AI (artificial intelligence) capabilities. The company has added $2.5 trillion to its market cap over the last two years as sales and profits exploded with the demand for its GPUs.
The chipmaker has shown incredible pricing power amid the strong demand. That's evidenced by its gross margin expanding into the upper 70% […]
Nvidia's CEO Just Explained Why This Is the Artificial Intelligence (AI) Chip Stock to Own