I listened to another NVIDIA earnings report and the following quote did indeed catch my attention. I am not a holder of NVIDIA nor do I think it’s a buy or sell at these levels, I have no opinion at this time. However, for the next 5, 10, 15+ years I do believe NVIDIA has shown the following to be true. I hope you’re prepared:
“The next industrial revolution has begun — companies and countries are partnering with NVIDIA to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center — AI factories — to produce a new commodity: artificial intelligence. AI will bring significant productivity gains to nearly every industry and help companies be more cost- and energy-efficient, while expanding revenue opportunities.” – Jensen Huang, NVIDIA CEO and Co-Founder