Something Terrifying Is About To Happen With Nvidia...

Matter
Matter
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Published 2024-07-12
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Something Terrifying Is About To Happen With Nvidia...

But this isn't the most impressive part. Nvidia has reached a market capitalization of three trillion dollars after its latest earnings report, which showed significant revenue increases. Data center revenues shot up by 262%, making up 86% of total revenue, while gaming revenue grew by 18%. These numbers highlight Nvidia's strong performance and the optimistic view held by analysts and investors.

But the challenges aren't over yet. Nvidia continues to face intense competition and rapid changes in the tech industry. As they push forward, the company must stay ahead in innovation to maintain their lead.

Attention has also turned to Oracle, another major tech company. Robert Canwell suggested keeping an eye on Oracle’s financial activities later today. Oracle works with technologies that handle large amounts of data, which is very important for companies like Nvidia. There’s talk that a big increase in Oracle’s spending could mean good news for the demand for Nvidia’s products.
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