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Nvidia's fundamentals continue to strengthen amid the AI explosion and the stock is likely to head to stratospheric levels.
The chipmaker reported first-quarter earnings and revenue well above lofty expectations and gave an upbeat quarterly revenue outlook.
Nvidia (NVDA) shares slipped in early trading after Amazon (AMZN) Web Services said it had halted purchases of Nvidia's Hopper GPUs in favor of the upcoming Blackwell launch. Read for more.
One analyst predicts Nvidia's data center business will see massive growth thanks to its new AI chips.
The chipmaker's stock closed at an all-time high Tuesday, a day ahead of its highly anticipated first quarter earnings report.