Nvidia is on top but does it have anywhere to go but down?

Nvidia chief executive Jensen Huang expects strong demand for the Blackwell line. (Image: Getty Images)

Fri, 22 Nov 2024

By Dan Gallagher One problem with being on top is there is often nowhere to go but down.Nvidia’s breakneck growth over the past 18 months has definitely put the company on top of the burgeoning artificial-intelligence market and the stock market. The chip maker’s fiscal third-quarter report this week showed annual sales crossing the US$100 billion (NZ$170.5b) mark for the first time – more than double what it was generating a year ago. And the company’s US$3.6 trillion market capitalisation is more than US$100b high...

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