Nvidia AI Domination Is A Double-Edged Sword For Investors: 'Demand Could Outstrip Supply,' Analyst Says

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Read Also: Dow Notches New Record Close But Nasdaq Falls Amid Decline In Nvidia Shares: Fear Index Enters ‘Greed’ Zone

An Opportunity To ‘Drive Several Billion Dollars’

Sur's confidence in Nvidia's AI strategy is underscored by the company's guidance of an 8% quarter-over-quarter increase in revenue, fueled by "continued strong spending from its customers to support their AI/accelerated compute initiatives".

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Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Stories That Matter US67066G1040 Top Stories Blackwell GPU Artificial intelligence Analyst Ratings AI Expert Ideas Benzinga NVDA Analyst Color Tech Semiconductor

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 12:47:26 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22307982

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About Benzinga

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Official Website: benzinga.com

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