NVDA Stock Forecast: Strengthening the Leadership Position

Milana LedovaThis NVDA Stock Forecast article was written by Milana Ledova – Financial Analyst at I Know First

Highlights

  • Achieved 60% gross margin and 23% net margin in the first nine months of FY2024.
  • ROE is 30% compared to the industry median of 12%.
  • Launched NVIDIA Grace Hopper Superchips for generative AI and HPC tasks, expanding product capabilities and market positioning.

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