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Sign up free →Nvidia will begin shipping Vera Rubin, its next AI chip platform, later this year. Vera Rubin consists of six components: Vera CPU, Rubin GPU, NVLink 6 switch, ConnectX-9, BlueField-4 data processing unit (DPU), and Spectrum-6 Ethernet switch.
Analysts expect Nvidia's sales to more than double from its trailing-12-month figures by the end of next fiscal year. At current earnings growth rates of 35% to 36% annually over the next three to five years, earnings would double in just over two years.
Nvidia currently trades at 33 times its trailing-12-month earnings per share of $6.53. If annualized earnings growth were slower at 20% instead, Nvidia's earnings would reach $21.80 per share in six to seven years for the stock to double from its current price.
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