Prediction: This Massive Risk Could Derail Nvidia Stock
Nvidia(NVDA) The Motley Fool·2024-11-27 13:45
Demand for artificial intelligence (AI) chips, particularly ultra-powerful GPUs from Nvidia (NVDA 0.66%) used to train the most advanced AI models, appears to be insatiable. Nvidia's data center segment generated more than $30 billion in revenue during the third quarter alone, up by nearly a factor of 10 compared to two years ago. Tech giants are scrambling to build AI data centers packed with Nvidia's GPUs, spending untold billions on hardware.Up until now, each new AI model to come out of OpenAI, one of t ...