Nvidia's AI Domination: From Chips to Trillion-Dollar Dreams

Nvidia continues to shine in the generative AI race, with third-quarter 2024 revenue soaring 94% to $35.1B and a market cap exceeding $3.5T. Dominating 65% of the data-center AI chip market, its new Blackwell GPUs are expected to rake in $10B in Q4. Analyst optimism, led by Jim Cramer's praise, forecasts a $4T cap by 2025. Meanwhile, AMD and Intel are still trying to outpace the AI chip giant—with mixed success and plenty of popcorn for the spectators.