Nvidia At $1 Trillion In Annual Sales? Raymond James Says It’s Possible By 2029
Raymond James says Nvidia could reach $1 trillion in annual sales by fiscal 2029 as AI demand stays strong and supply constraints ease.
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Elon Musk's Million-Satellite AI Vision Could Require 9 Starship Launches a Day
Elon Musk’s million-satellite Starmind vision could require nine Starship launches a day as SpaceX pushes AI data centers into orbi
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Read original at benzingaKen Burns and PBS LearningMedia Bring Interactive Educational Content for Classrooms to YouTube
Ken Burns and PBS LearningMedia announced the launch of 'Ken Burns in the Classroom' on YouTube, bringing free, curriculum-aligned educational content to teachers and students. The initiative begins with three courses focused on The American Revolution, featuring professionally edited film segments and interactive materials. Additional courses from Burns's extensive filmography will follow in coming weeks.
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Read original at benzingaNvidia's Supply Commitments More Than Doubled to $279 Billion. Here's What It Does to the Stock.
Nvidia doubled its supply commitments to $279 billion, primarily for memory procurement, to secure components for the next several years of AI demand. While gross margins will compress to 71-72% in Q4 fiscal 2028 as the company absorbs memory cost increases, management expects margins to recover to 72-73% in fiscal 2028 as price increases take effect. Despite near-term margin pressure, the company's strong revenue growth (89% YoY guidance) and reasonable valuation support a positive long-term outlook.
Read original at the-motley-fool