Nvidia's Blackwell GPUs Anticipated to Drive Significant Revenue Growth

With expectations of generating $10 billion in sales by Q4, Nvidia's Blackwell chips are poised to be a major success, though insider stock activities raise questions.

Nvidia's new Blackwell series GPUs are set to launch later this year, with high demand expected according to CEO Jensen Huang.
Morgan Stanley estimates that Blackwell could generate $10 billion in sales by the fourth quarter of 2024.
Despite the anticipated success, Nvidia insiders have been selling stock, with no insider purchases recorded since December 2020.
Nvidia's board has authorized a $50 billion share buyback program, but it's unclear if the company has repurchased any stock yet.
Investors are advised to monitor insider activities and the company's buyback progress to gauge Nvidia's stock valuation.