The shares of American semiconductor giant Nvidia (NASDAQ: NVDA) are falling in pre-market trading as investors digest news that Meta (NASDAQ: META) will be opting for Google chips.
Shares of NVIDIA Corp. (NASDAQ:NVDA) lost 0.35% over the past five trading sessions after losing 4.32% the five prior.
Nvidia (NVDA) stock drops +3% premarket as Meta reportedly considers a multi-billion-dollar deal for Google AI chips, challenging NVDA's market dominance. Bed Bath & Beyond (BBBY) will acquire The Brand House Collective (TBHC) in a $26.8M merger, aiming for double-digit sales growth and $20M in annual savings.
Nvidia and Michael Burry, the famed investor who was chronicled in The Big Short by spotting the subprime bubble, appear to be in a war of words.
Is Nvidia a great buy today, or a stock to avoid?
Nvidia is responding to recent criticism from investor Michael Burry of "The Big Short" fame. The company sent a note to analysts that directly named Burry.
Bloomberg broke a story in which sources close to the inside let it be known that the possibility was on the table, and it is a significant catalyst for the stock's price.
It was a tough past week for the AI trade and the broad markets, to say the least.
Nvidia Corporation is upgraded to Strong Buy, with a new price target of $241, reflecting 35% upside and robust growth drivers from AI data center demand. NVDA's Q3 2026 revenues surged 62.5% year-over-year to $57B, led by data center sales, while exposure to China has significantly decreased, easing geopolitical risks. Despite concerns about AI CapEx sustainability and cross-financing in the ecosystem, NVDA's growth outlook remains strong even without substantial China sales.
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Nvidia (NVDA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Nvidia (NVDA) remains a strong buy, supported by exceptional Q3 earnings, robust data center growth, and $500B in Blackwell/Rubin orders. NVDA's data center segment delivered 66% YoY growth, driving nearly 90% of total sales and underscoring its AI market leadership. Valuation concerns are offset by a forward PEG below 1, strong margins, and substantial buybacks providing a margin of safety on dips.