Financial analyst Yiannis Zourmpanos has predicted that Nvidia Corp. (NASDAQ:NVDA) could witness a significant stock rally, potentially reaching $204, following its third-quarter performance. What Happened: Jensen Huang‘s company has forecasted third-quarter revenue of approximately $32.5 billion, driven by strong demand for its Hopper and Blackwell GPUs. These GPUs are expected to bolster Nvidia’s data center segment, which boasts a robust 68% operating margin. The Blackwell units, priced between $30,000 and $40,000, are in high demand, with production ramping up in the fourth quarter of 2024…
