Nvidia Shares Soar 179% in 2024 as AI Growth Drives Revenue Growth
Nvidia’s shares have risen by 179% so far in 2024, driven by strong artificial intelligence (AI)-related growth and a high price-to-earnings ratio of 55. The company’s new Blackwell generative AI architecture platform is expected to trigger the next wave of demand for its GPUs, but it may not fully ramp up until the middle of … Read more