Big news about Nvidia, a company that makes super-fast computer chips! Their recent earnings report showed they made a lot of money, especially from chips used in artificial intelligence (AI). They even expect to make even more money soon!
- Nvidia's sales went up a lot – 78% compared to last year!
- They're making a new, super powerful chip called Blackwell.
- Some experts think the price of Nvidia stock might stay around the same for a bit.
Fact | Number |
---|---|
Nvidia's market value | $3.2 trillion (that's a HUGE number!) |
Sales increase (compared to last year) | 78% |
Expected gross profit margin (later this year) | Mid-70s % |
Citi's price target for Nvidia stock | $163 |