Nvidia CEO Jensen Huang highlighted the company's strong position due to industry-wide transitions to accelerated computing and generative AI, emphasizing Nvidia's role in powering AI applications like ChatGPT, Midjourney, and Sora, and noting a 40% revenue contribution from AI inference in the data center sector.
Nvidia CEO Jensen Huang acknowledges potential supply constraints for the company's next-generation products during their Q4 earnings call, despite improvements in the supply chain and ongoing efforts to meet high demand.
Truist analyst reiterates Buy rating on Nvidia with $691 price target. Expectations high for Q4 results, analyst predicts strong demand & upside potential. Valuation concerns mitigated, company well-positioned for growth in AI market.