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Wednesday, 11/01/2023 1:03:24 PM

Wednesday, November 01, 2023 1:03:24 PM

Post# of 13716
“With Nvidia getting ready in November to report quarterly earnings and revenues, I get more excited at the fact that there are so many uses of AI that one can't count the ways. Let me say this that Nvidia is so far ahead of everyone in AI that it's going to be difficult for anyone to catch them. There product line in both hardware and software is unbelievable. But with AI Nvidia is going to be able to bring new products on line for as far as the eye can see because of the numerous applications of AI. So those that wonder what the stock price is going to be in the future it's hard to say at this point because of this fact. I look at the fact that even Druckenmiller stated he could see Nvidia at 2.1 trillion market cap on 100 billion in revenues with the current margins at 70%. With those numbers that he has it doesn't include the numerous applications involving new products which are coming involving AI. I will say this that your looking at a company that is generations and I say generations ahead in there research and development involving AI products. Currently I like how everyone talks about the AI chips that are propelling the stock higher. Wait till everyone see's other products coming to market that will show the same market share for Nvidia involving the new products.”
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