Nvidia supplies the GPUs powering ChatGPT, Groq, Gemini, and Claude. Since ChatGPT launched in November, demand for the massive data centers these models need has exploded. The stock is in stage 2 of an uptrend.
Nvidia perfectly was in prime position to take advantage of this AI bull market and AI revolution. Late November here is when ChatGPT launched and everyone, institutions realized to power ChatGPT, to power Groq, Gemini, Claude, you need these huge data centers with a lot of GPUs. Just being in the right place at the right time with the right technology. Look at the stage 2 uptrend Nvidia made so far.
