ChatGPT's November launch made institutions realize they needed massive GPU data centers. NVIDIA supplies those GPUs, positioning the company to profit from the AI boom. The stock already experienced a major uptrend from being in the right place at the right time.
Late November here is when ChatGPT launched and everyone, institutions realized to power ChatGPT, to power Groq, you know, Gemini, Claude, you need these huge data centers with a lot of GPUs. NVIDIA perfectly was in prime position to take advantage of this AI bull market and AI revolution. Just be in the right place at the right time with the right technology. Look at the stage 2 uptrend NVIDIA made so far.
