Great News for Nvidia Stock Investors

By Parkev Tatevosian, CFA – May 30, 2024 at 4:00AM

NASDAQ: NVDA

Nvidia

Market Cap

$2,522B

Today's Change

(-4.08%) -$4.38

Current Price

$102.83

Price as of September 6, 2024, 4:00 p.m. ET

Nvidia CEO Jensen Huang said the company "will see a lot of Blackwell revenue this year."

Fool.com contributor Parkev Tatevosian discusses what the news could mean for Nvidia (NVDA -4.08%) stock investors.

*Stock prices used were the afternoon prices of May 27, 2024. The video was published on May 29, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.