Navigating the Future: How NVIDIA Will Dominate Every Industry (2024)

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Navigating the Future: How NVIDIA Will Dominate Every Industry? ›

In a future shaped by NVIDIA's innovations

Huang, speaking at the eve of Taiwan's electronics showcase event, Computex 2024, said the Nvidia will roll out Blackwell Ultra chips in 2025 and a new Rubin platform for 2026. On the fiscal Q1 2025 earnings call on May 22, Huang said Nvidia would design new chips annually.

A high-performance GPU can have more than a thousand cores, so it can handle thousands of calculations at the same time. Once Nvidia realised that its accelerators were highly efficient at training AI models, it focused on optimising them for that market.

Nvidia designs and sells GPUs for gaming, cryptocurrency mining, and professional applications; the company also sells chip systems for use in vehicles, robotics, and more. Nvidia's Compute and Networking business segment, which includes artificial intelligence (AI), is the company's biggest revenue generator.

(Kennedy, 2020) According to that theoretical approach, only NVidia has a sustainable strategic advantage in AI technology because they can produce the H100 chips that power the AI Large Language Models, or LLMs, produced by the top AI software product developers.

So, you know, the future looks bright for Nvidia right now, but as it continues, the competition that may be bad for Nvidia might become good for all of us. SUMMERS: That's NPR finance correspondent Maria Aspan.

There hasn't been a tech tailwind as strong as artificial intelligence since the early days of the internet. Many companies are vying to be the kingpin in the AI battleground, with Nvidia Corp. taking the early lead.

Unsurprisingly, big tech companies like Amazon, Meta Platforms, Microsoft, and Alphabet are believed to be among Nvidia's biggest customers, making up roughly 40% of its revenue. It's also clear that AI start-ups, like OpenAI, and autonomous vehicle companies, like Tesla, are significant customers of Nvidia.

competition is not far behind, and... Outside of Nvidia, some of the more obvious competitors in the chip realm include AMD and Intel.

Huawei Technologies is nearing to unveil a new chip to use for AI, as the Chinese company inches ahead to overcome U.S. sanctions to compete with Nvidia (NASDAQ:NVDA), The Wall Street Journal reported.

Who is the largest shareholder of Nvidia? ›

What percentage of Nvidia (NVDA) stock is held by retail investors? According to the latest TipRanks data, approximately 50.81% of Nvidia (NVDA) stock is held by retail investors. Who owns the most shares of Nvidia (NVDA)? Vanguard owns the most shares of Nvidia (NVDA).

NVIDIA engineers the most advanced chips, systems, and software for the AI factories of the future. We build new AI services that help companies create their own AI factories.

Before the U.S. imposed chip export controls, China used to contribute a quarter of Nvidia's data center revenue. Data center revenue aligns with the company's chip business. The company admitted in May that data center revenue in China is down significantly since Washington expanded chip controls in October 2023.

Weaknesses. Supply Chain Concentration: Despite its financial success, NVIDIA Corp (NASDAQ:NVDA) faces potential risks associated with its supply chain. The company's manufacturing operations are heavily concentrated in the Asia-Pacific region, relying on foundries such as TSMC and Samsung.

Yet one real future possibility for Nvidia may not be its hardware sales from data center GPUs, but rather its long-term service revenue. By switching to service-based business models, Nvidia could hedge against the eventual saturation or decrease in demand for the GPU hardware market.

It combined its chips with a suite of accompanying software that programmers simply preferred. Plus, its supply chain allowed it to produce GPUs in larger volumes, faster, and more reliably, than its rivals.

NVDA Stock 12 Month Forecast

Based on 42 Wall Street analysts offering 12 month price targets for Nvidia in the last 3 months. The average price target is $153.24 with a high forecast of $200.00 and a low forecast of $90.00. The average price target represents a 31.22% change from the last price of $116.78.

Reinventing Modern Graphics. Connecting our Physical and Digital Worlds.

Still, the company's share price can be expected to reach close to $600 by the end of 2034. Hence, based on current estimates, the chances of Nvidia's share price crossing $1,000 in the next decade appear slim.

In a chat with Real Vision that published Wednesday, the analyst touched on another of her predictions, that Nvidia is headed for a $10 trillion market cap by 2030. That would mean a return of over 250% by 2030, she said.