With $500B in Bookings, Is Nvidia Stock Too Cheap to Miss?

Core Insights - Nvidia's shares increased approximately 5% following CEO Jensen Huang's optimistic outlook at the GTC conference, emphasizing the company's strong position in the AI sector and ongoing growth potential despite AI bubble concerns [1] Partnerships and Collaborations - Nvidia is enhancing its market presence through strategic partnerships, including a $1 billion equity investment in Nokia to develop AI-native mobile networks [2] - Collaborations with Oracle and the Department of Energy aim to create the largest AI supercomputer, utilizing 100,000 Blackwell GPUs for advancements in national security and scientific research [3] - Alliances with Palantir Technologies and CrowdStrike focus on developing operational AI solutions for enterprises and cybersecurity, while a partnership with Uber targets scaling autonomous mobility solutions [4] Financial Performance and Market Demand - Nvidia's next-generation Blackwell and Rubin chips have secured $500 billion in bookings through 2026, excluding China and Asia, indicating robust demand for its GPUs [5] - The company shipped 6 million Blackwell GPUs in the first four quarters of production, underscoring its dominance in the high-performance computing market and the increasing investment in AI infrastructure globally [5]