NVIDIA Stock Price Outlook: Massive Surprise With Early 'Rubin' GPU Release in 2024

The article discusses the potential impact of NVIDIA’s early release of its next-generation ‘Rubin’ graphics processing unit (GPU) in 2024, which could be a massive surprise for the company’s stock price. According to the article, NVIDIA’s current GPU lineup, including the RTX 40 series, is expected to face increased competition from AMD and Intel in the coming years. However, the early release of the Rubin GPU could give NVIDIA a significant advantage and boost its stock price. The article highlights that the Rubin GPU is expected to be a significant upgrade over the current generation, offering improved performance and energy efficiency. Additionally, the article mentions that NVIDIA’s dominance in the artificial intelligence (AI) and data center markets could further drive demand for its GPUs, contributing to the company’s growth and stock performance. Overall, the article suggests that the early release of the Rubin GPU could be a game-changer for NVIDIA, potentially driving its stock price higher and solidifying its position as a leader in the GPU and AI markets.

Source: https://markets.businessinsider.com/news/stocks/nvidia-stock-price-outlook-massive-surprise-early-rubin-gpu-release-2024-12