Nvidia's Jensen Huang Calls the AI Opportunity "Immense." Here's What Could Happen Next.

Nvidia's (NASDAQ: NVDA) great successes of the past few years actually have prompted investors to worry in recent times. They've asked themselves the following question: Are the stock's best days behind it? The artificial intelligence (AI) powerhouse has seen revenue soar in the triple digits in past quarters, and the stock price has taken off too -- it's climbed 1,300% over five years. Though Nvidia's earnings continue to beat analysts' estimates, growth has slowed into the double digits. In the fiscal second quarter, Nvidia reported a 56% gain in revenue, down from a 69% increase in Q1. This doesn't suggest a lack of demand for Nvidia's products or services though -- it's simply a normal part of the growth story. Nvidia's sales today are so high -- at more than $46 billion in the recent quarter -- that a double-digit gain from such a level is extremely positive. On top of this, Nvidia chief Jensen Huang delivered fantastic news to investors during the earnings report this week, calling the AI opportunity ahead "immense." Let's dig into what Huang had to say and consider what's next for the company and for the stock.Image source: Getty Images.Before diving in, though, it's a good idea to take a look at why Nvidia has become so successful. The company, which originally served the gaming market with its high-powered chips, recognized the potential of AI early on and decided to make that technology its priority. As a result, Nvidia's graphics processing units (GPUs) rose to the top early in the AI boom -- and Nvidia's commitment to innovation kept the momentum going.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool