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Nvidia’s AI Dominance: Can the Stock Still Create Millionaires?
Nvidia’s AI Dominance: Can the Stock Still Create Millionaires?
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Nvidia's stock has skyrocketed nearly 23,000% over the past decade, fueled by its pivotal role in artificial intelligence. The company's GPUs remain the Gold standard for training AI models, outpacing competitors like Google's TPUs. Nearly 90% of its Q2 revenue stems from AI infrastructure, underscoring its market dominance.
Beyond data centers, Nvidia is aggressively expanding into healthcare, automotive, and telecommunications with tailored AI platforms. A recent partnership with Groq signals strategic moves to counter rising competition. The question isn't whether Nvidia leads the AI race—it's whether its growth trajectory can still mint new millionaires.
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