Nvidia stock jumped on Thursday after CEO Jensen Huang said demand for its next-generation Blackwell chips has been "insane."
Nvidia (NVDA) shares are climbing after CEO Jensen Huang said that the company is seeing "insane demand" for its Blackwell AI processors. The chip is expected to be released in the fourth quarter of this year. Morning Brief Hosts Seana Smith and Brad Smith report more on the story and break down some of the analyst calls on Nvidia. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Nvidia was No. 1 in 2023 and led S&P 500 stocks for most of 2024, but another AI player has seized the crown.