The sector is now an outperformer in the USA market.
Printable View
"Bernstein says the current limitation on Nvidia’s revenue is advanced chip- packaging capacity at semiconductor foundries. As packaging capacity expands next year, Nvidia will have the potential to generate $75 billion to $90 billion in data-center AI revenue for 2024, versus the $42 billion consensus call among Wall Street analysts, the analysts say."
https://www.barrons.com/articles/nvi...emand-a19c4644
The volume is unreal. Two hours in and US$6 billion worth of shares traded.
Q2 earnings out mid-week, Azz fans. This is for a quarter that they had to raise revenue outlook for by 50% (to US$11 billion)! Let's see if they hit it......
US$453.04
+4.63%
As at 12:11PM EDT
Smashed expectations. ATH, after hours. I wonder if the clique of socialists and climate changers here on this site bought the stock!
Analyst price targets on this puppy prior to results went north of $800. What a stock! The best in the world.
2T Market cap coming up soon.