The article discusses NVIDIA’s stock valuation and the potential impact of its AI chips and GPUs on the company’s future performance. According to Blackwell, an AI research firm, NVIDIA’s AI chips and GPUs are expected to drive significant growth in the coming years, particularly in the data center and automotive markets. The firm predicts that NVIDIA’s AI chips will capture a significant portion of the AI chip market by 2024, leading to a potential stock price of $400 per share. The article also highlights NVIDIA’s strong position in the gaming GPU market and its efforts to expand into new markets such as cloud computing and autonomous driving. Overall, the article presents a bullish outlook for NVIDIA’s stock, driven by the company’s leadership in AI and GPU technologies.