Money

The most important factors about Nvidia that will drive its business in 2024 have to do with money. To be specific: Nvidia exited its fiscal 2024 year in January with just a hair under $26 billion in cash and investments in the bank, and if this fiscal year goes as expected, with revenues topping $100 billion and with somewhere north of 50 percent of that showing up as net income, then it will add around $50 billion more to its coffers – even after paying for its taxes and vast research and development operations as well as the normal running of the company.

You can do a whole lot with $75 billion or more, and one of them is not to worry so much about the exorbitant amount of money that will be necessary to buy HBM stacked DRAM memory for datacenter-class GPUs. 


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