Nvidia: On the Road to Success Through Artificial Intelligence

Nvidia remains true to its course and has once again exceeded its results in the third quarter. The technology company, which has surpassed analyst expectations in the past four quarters, is a dominant force in the field of artificial intelligence (AI). With an impressive market share of 80 percent in the AI chip market, Nvidia has built a true empire encompassing a wide range of products and services. This strategic positioning has helped Nvidia achieve triple-digit revenue growth in the data center segment over several quarters. Additionally, the company is extremely profitable with margins exceeding 70 percent. This strong growth is also reflected in the stock price, which has seen a steep upward movement in recent years. When considering the current business results, it is important to note that although growth has slowed to 94 percent, this must be viewed in the context of the extraordinary growth rates of previous years. The comparison basis has become more challenging, but this should not be interpreted as a negative sign. Another exciting factor for the future is the demand for Nvidia's upcoming Blackwell architecture and its corresponding chip. Demand exceeds supply, and the company expects this trend to continue into next year. Among the customers favoring Nvidia for their AI needs is Meta Platforms, which plans to increase its investments in this area. With increased production of Blackwell this quarter, Nvidia expects to generate billions in sales during this period. Blackwell is thus expected to serve as a growth engine for the company for the remainder of the year and subsequent periods.