I'm upgrading Nvidia to a 'Buy' ahead of its Q3 earnings. Despite concerns about AI CAPEX slowdown, major tech companies are increasing spending, and current AI investments remain well below historical peaks, indicating significant growth runway. Nvidia is poised for another double-beating Q3, with conservative guidance and potential for H20 shipments to China, setting a low bar for exceeding market expectations.
As American semiconductor giant Nvidia (NASDAQ: NVDA) gears up for its November 19 Q3 earnings release, the stock is displaying extraordinary strength, likely propelling it toward its $250 record high.
Shares of NVIDIA (Nasdaq: NVDA) dropped 7.1% this week, sinking sharply after hitting a high of $211.34 on Monday morning.
Okay, I have to preface the title a bit – when I first started putting this piece together, Nvidia (NASDAQ:NVDA) was indeed trading at a market capitalization north of $5 trillion.
American semiconductor giant Nvidia (NASDAQ: NVDA) is gearing up to announce its third-quarter earnings on November 19, with Wall Street expecting a bullish report.
Nvidia CEO Jensen Huang said on Saturday the semiconductor giant's business was growing strongly and it was experiencing "very strong demand" for its state-of-the-art Blackwell chips.
Over the past ten years, NVIDIA (NVDA) stock has delivered a remarkable $83 Bil back to its investors in the form of cash via dividends and buybacks. Let's examine some figures and see how this distribution capacity compares to the largest capital-return initiatives in the market.
Nvidia (NASDAQ: NVDA), the first company to hit a $5 trillion market capitalization, has seen nearly $500 billion erased from its overall value this week.
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China was supposed to be the next huge sales frontier for artificial intelligence (AI) chip giant Nvidia Corp.
The trade war with China was tough on Nvidia Corp. (NASDAQ: NVDA) investors.
Nvidia stock has been hit this week by concerns about the artificial-intelligence trade and the company's prospects in China.