Is NVDA's fire over or will it continue to rise? And why? When will the blackwell chip release and how will it impact the stock prices of several companies??

**Nvidia's fire is not over; it will continue to rise.** Here's why: 1. **Competitive Advantage and Innovation**: Nvidia's CEO, Jensen Huang, has emphasized the company's focus on data centers and the development of new markets for its AI chips. The company's chips offer the "lowest total cost of ownership" in the sector, and Nvidia is seeking alliances to identify new markets for its chips, including industrial robots. This strategic approach, combined with continuous innovation, positions Nvidia for sustained growth. 2. **Analyst Optimism**: Analysts from Cantor Fitzgerald and Citi have raised their price targets on Nvidia stock, with Cantor setting a price target of $175, which represents a nearly 39% increase from the closing price of $126.09 as of the last trading day. Citi also increased its price target to $150, citing strong demand for AI-powered assistants that will significantly contribute to Nvidia's data-center unit sales. 3. **Market Dynamics**: The broader integration of AI is expected to accelerate, benefiting Nvidia's graphics processors that have significantly improved AI performance. The AI industry is not slowing down, with product cycles shortening and software innovations driving significant scaling of compute units. This favorable market environment is likely to propel Nvidia's stock price further. 4. **Blackwell Chip Impact**: The release of the Blackwell chip is anticipated to be a game-changer. This new platform, designed for generative AI applications, is expected to deliver a major leap forward in processing power compared to Nvidia's existing GPUs. The Blackwell chip is already generating excitement among major tech companies, including Google, Meta, and Microsoft, which are set to incorporate it into their systems. The chip's potential for breakthrough AI applications could significantly impact the stock prices of companies that adopt it. 5. **Financial Health**: Nvidia's financials support the bullish outlook. The company's P/E ratio is 73, indicating a premium valuation that reflects investor confidence in its growth prospects. The consensus rating for Nvidia is a "Strong Buy" with an average price target of $1000.77, suggesting significant upside potential. 6. **Technical Indicators**: Nvidia's technical indicators, such as the MACD of -2.85 and RSI of 52.75, suggest a stock that is neither overbought nor oversold, indicating potential for further price movement. The KDJ value of 14.42 also points to a stock that is not in an extreme buying or selling condition. In conclusion, Nvidia's strategic focus on AI, continuous innovation, and the upcoming release of the Blackwell chip, which is eagerly anticipated by major tech companies, provide strong reasons to believe that Nvidia's fire will continue to rise. The company's stock is likely to be impacted positively by the adoption of the Blackwell chip, which is expected to drive significant technological breakthroughs in AI applications.