NVIDIA’s Explosive Growth: Why the AI Leader’s Rally Isn’t Over Yet → The Only Energy Play You Should Be Looking At (From Wealthpin Pro) (Ad) Hosted by MarketBeat StaffMay 23, 2024 Share Share Play video for NVIDIA’s Explosive Growth: Why the AI Leader’s Rally Isn’t Over YetDetailsGuestsNVIDIA NASDAQ: NVDA produced another beat-and-raise quarter that says one thing: as much hype as there is about the AI industry, the market grossly underestimated the impact and importance of NVIDIA semiconductors. The company’s results are so above the consensus estimate they are mind-boggling without the fact that this is the 5th consecutive quarter for such results. Based on the results, quarterly achievements, and guidance, the next quarter will be just as good. The takeaway is that a revolution in data centers is underway, which centers on NVIDIA and its super-computing chips. The data center industry is growing at a double-digit CAGR and shifting from old chips to new accelerators, providing a dual-tailwind for the business.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.6302 of 5 stars$1,136.01-1.1%0.01%66.43 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatTrump’s Gift Could Unleash $51 Billion in New Wealthfrom Wealthpin Pro7 Stocks to Help You Build Off January’s Gainsfrom MarketBeatBiden Nomination CANCELED?from The Freeport Society20 Stocks Analysts Won't Stop Upgradingfrom MarketBeatExposed: 10 CENT Crypto to Explode May 20th?from True Market Insiders20 Stocks to Sell Nowfrom MarketBeat Micron Stock is the NVIDIA of MemoryMicron is at an inflection point for the business and the stock price. End-market inventory normalization and AI have allowed the company to return to growth, with growth accelerating to 50% last quarRelated VideosAMD is Down 35%. Now is the Time to Buy the DipSkip Nvidia: Finding AI Stocks Beyond the Buzz7 Must-Buy Stocks Under $20 Featured Articles and OffersBargain Alert: Amazon and Its 35% UpsidePosted May 31, 2024View Bargain Alert: Amazon and Its 35% UpsideThe Only Energy Play You Should Be Looking AtFrom Wealthpin Pro(Ad)View The Only Energy Play You Should Be Looking At3 Stocks Insiders are Buying That Should be on Your RadarPosted May 28, 2024View 3 Stocks Insiders are Buying That Should be on Your RadarCostco Wholesale Can Hit New Highs; A Rebound Is ComingPosted May 31, 2024View Costco Wholesale Can Hit New Highs; A Rebound Is ComingDecker's Stock Surges Like NVIDIA Through $1,000 on Robust GrowthPosted May 29, 2024View Decker's Stock Surges Like NVIDIA Through $1,000 on Robust GrowthMake this ONE trade on Tuesday at 2 p.m. EST!From Monument Traders Alliance(Ad)View Make this ONE trade on Tuesday at 2 p.m. EST! 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Hosted by MarketBeat StaffMay 23, 2024 Share Share Play video for NVIDIA’s Explosive Growth: Why the AI Leader’s Rally Isn’t Over YetDetailsGuestsNVIDIA NASDAQ: NVDA produced another beat-and-raise quarter that says one thing: as much hype as there is about the AI industry, the market grossly underestimated the impact and importance of NVIDIA semiconductors. The company’s results are so above the consensus estimate they are mind-boggling without the fact that this is the 5th consecutive quarter for such results. Based on the results, quarterly achievements, and guidance, the next quarter will be just as good. The takeaway is that a revolution in data centers is underway, which centers on NVIDIA and its super-computing chips. The data center industry is growing at a double-digit CAGR and shifting from old chips to new accelerators, providing a dual-tailwind for the business.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.6302 of 5 stars$1,136.01-1.1%0.01%66.43 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatTrump’s Gift Could Unleash $51 Billion in New Wealthfrom Wealthpin Pro7 Stocks to Help You Build Off January’s Gainsfrom MarketBeatBiden Nomination CANCELED?from The Freeport Society20 Stocks Analysts Won't Stop Upgradingfrom MarketBeatExposed: 10 CENT Crypto to Explode May 20th?from True Market Insiders20 Stocks to Sell Nowfrom MarketBeat
