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What AI Bubble? Jensen Huang Just Delivered Great News for Artificial Intelligence Stocks.

The Motley Fool·
What AI Bubble? Jensen Huang Just Delivered Great News for Artificial Intelligence Stocks.

Nvidia CEO Jensen Huang reaffirmed his prediction that AI infrastructure spending will reach $3-4 trillion by 2030, despite headwinds in the sector. Nvidia's latest earnings showed strong performance with 106% revenue growth and 75% gross margins, with its new Vera Rubin GPU architecture entering full production and receiving orders from major hyperscalers. Analysts project 54% upside potential for Nvidia stock over the next 12 months.

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