Jensen Huang's Bullish Call on the AI Market Can Make Nvidia a $5 Trillion Company Again
After listening to this top executive, it's hard for investors not to get excited about the ongoing AI spending boom.
Overview
Nvidia (NASDAQ: NVDA) recently gave up its seat as the world's most valuable company. That title now belongs to Apple, whose shares are up 25% in 2026 (as of July 28). This significantly exceeds the artificial intelligence (AI) stock's muted 6% gain this year.
But it wasn't long ago that Nvidia's market capitalization was firmly above $5 trillion, something that could happen again very soon. Investors worried about the shares' latest fall will take solace in CEO Jensen Huang's bullish call from several weeks ago on the prospects of the AI market.
Image source: Nvidia.
Details
Source
Originally published at www.fool.com.
Related Articles
- Starbucks Just Raised Starbucks' Full-Year Profit Guidance by About 10%. Here's the Number Behind It.
- Meta Generated $31.9 Billion in Operating Cash Flow Last Quarter and Kept Only $784 Million of It. Here's Where the Rest Went.
- China threatens retaliation against U.S. humanoid robot ban, says it 'severely damages' relations
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.