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Nvidia Stock Rises. This Is When the Next Big AI Sales Boost Will Come. - Barron's

1. Nvidia's stock rose 3.2% amid AI hardware demand. 2. Near-term challenges could affect data-center revenue projections. 3. Analyst expects $36.7B data-center revenue, below $37.4B consensus. 4. Strong AI chip sales anticipated in the second half of 2024. 5. Nvidia projects 44% AI server market share by 2027.

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FAQ

Why Bullish?

Positive long-term outlook despite near-term revenue adjustments aligns with past patterns of Nvidia rebound.

How important is it?

The article discusses Nvidia's market position and revenue potential, key for investor sentiment.

Why Long Term?

Long-term growth in AI sales expected to drive stock, similar to previous cycles post-product launch.

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