Nvidia's AI Chip Triumph: Stocks Soar 185%

Nvidia zooms ahead with a 185% stock surge in 2024, dominating 80% of the AI chip market. Q3 revenues hit $35.1B, up 94%, and fiscal year totals a whopping $60.9B, up 126%. The spotlight is on Dec 3’s UBS conference for updates on the anticipated Blackwell chips slated for Q4 fiscal 2025. With $50B in buybacks and relentless GPU demand, Nvidia remains a heavyweight—despite its wallet-heavy stock price. Investors, hold tight!