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What Nvidia's CEO Just Said Could Mean Billions in More Growth

·4 min read
What Nvidia's CEO Just Said Could Mean Billions in More Growth
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  • NVDA

Nvidia's (NASDAQ: NVDA) stock price has stretched to a high valuation of 115 times earnings following another blockbuster earnings report. During the earnings call, CEO Jensen Huang spoke about the massive opportunity with Nvidia Omniverse, a software platform that is designed as a collaboration tool for developers working on 3D simulation and virtual world-building. Huang said Omniverse is "one of the largest graphics opportunities that we've ever seen."