BYD Considers EV Plant in India but Stalls Over Tough Investment Regulations for Chinese Firms 
Bitcoin Core Developer Peter Todd Accused of Being Satoshi Nakamoto in HBO's Latest Shocker 
SpaceX Prepares for Starship Flight 5, Tower Catch Planned After Successful Tank Tests 
NVIDIA's Blackwell GPU Production to Surge Nearly 3x by Q1 2025, Morgan Stanley Predicts 
Dogecoin Steamrolls SHIB and PEPE as Whales Drive the Meme Coin to New Heights 
Tesla's Robotaxi to Eliminate Driver's Licenses: A Bold Vision from Designer 
Top Analyst Warns Against Overhyping Tesla’s Robotaxi Event, Citing Delays Until 2027 
Dogecoin Hype Erupts as Shiba Inu Joins Tesla Robotaxi Unveiling, Musk Keeps Fans Guessing 
NVIDIA and MediaTek's Secret AI PC Chip Set to Shake Up the Industry in 2025—Intel and Qualcomm Brace for Impact 
AMD Takes Direct Shot at Nvidia's Blackwell with New AI Chip to Seize Data Center Market 
Tesla's 'We, Robot' Event Showcases Cybercab, Robovan, and Updates on Optimus and Model 2 
Mt. Gox Extends Repayments to 2025, Easing Market Selloff Fears 
Buffett’s Berkshire Hathaway Sells 9.5 Million Bank of America Shares, Stake Drops Below 10% 
Bitcoin Could Soar to $150K, Say Experts — Is the Crypto Market Ready for a Massive Rally? 
AI affects everyone – including Indigenous people. It’s time we have a say in how it’s built 
Shiba Inu Burn Rate Explodes 450%, Experts Forecast 30x Price Surge 
Nvidia’s cutting-edge Blackwell AI processors are officially sold-out for the remainder of 2024, pushing the stock buy point closer to $150 as AI demand shows no signs of slowing.
Nvidia’s Blackwell AI Processors Sold-Out Until 2025
Until the end of the year, all of Nvidia's next-generation artificial intelligence processors, dubbed Blackwell, are sold out, according to company executives. At the same time, a buy point for Nvidia stock is becoming close.
Meeting with investment bank Morgan Stanley, Nvidia CEO Jensen Huang and his colleagues offered the soothing advice, according to Investor's Business Daily.
Analysts Predict Strong Buy Point for Nvidia Stock
Joseph Moore, an analyst at Morgan Stanley, wrote in a client note on Thursday that the remarks demonstrated the breadth and depth of the accelerated computing runway.
"Every indication from management is that we are still early in a long-term AI investment cycle," he stated. "The clear view continues to be that we are set up for an exceptionally strong 2025."
Moore reaffirmed his buy recommendation and price objective of $150 for Nvidia shares. Additionally, when it comes to semiconductor businesses, his favorite stock is NVDA.
Nvidia Stock Consolidation Pattern Forms
IBD MarketSurge charts show that NVDA stock is forming a 17-week consolidation pattern, and the buy point is at 140.76.
Mark Lipacis, an analyst at Evercore ISI, predicted a price of $150 for Nvidia shares and kept his outperform rating on the stock.
Blackwell Systems Enter Market as AI Dominates
According to a client note written by Lipacis, he came away from this week's Nvidia AI Summit in Washington, D.C., with some good ideas.
Eight partners are presently bringing Blackwell systems to market, according to Nvidia at the event. It is projected that the company would achieve volume manufacturing in the fourth quarter, according to Lipacis.
Nvidia AI Impacts Key Industries
The impact of Nvidia accelerated computing on sectors such as healthcare, cybersecurity, and manufacturing was emphasized by Bob Pette, VP and GM of enterprise platforms at Nvidia, during his Tuesday keynote speech at the Nvidia AI Summit.
