After a stretch of underperformance, Nvidia's stock could come alive after earnings, upcoming industry events and the expected launch of new AI models by companies using its Blackwell chips.
Our multi-factor analysis indicates that it might be the right moment to acquire more shares of NVDA stock.
The artificial intelligence story is turning more dramatic after a published report that ChatGPT maker OpenAI has concerns about the quality of Nvidia's microchips, just after CEO Jensen Huang walked back his company's plans to invest in the large language model creator.
In the most recent trading session, Nvidia (NVDA) closed at $185.61, indicating a -2.89% shift from the previous trading day.
Nvidia Corp. supports “every developer” that uses its software, Chief Executive Officer Jensen Huang said, after a US lawmaker accused the chip giant of offering technical support that helped China's DeepSeek improve its artificial intelligence model. -------- More on Bloomberg Television and Markets Like this video?
Nvidia (NVDA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is reportedly reconsidering its ambitious $100 billion investment plan in OpenAI, according to a Wall Street Journal report. The report cited internal doubts at Nvidia regarding the size of the investment, OpenAI's competitive positioning against rivals such as Google and Anthropic, and questions around the company's business discipline.
Nvidia (NASDAQ: NVDA) stock started the week on a not so positive note, dropping 2.5% as rumors of the management reportedly reconsidering the recently announced investment in OpenAI started to circulate.
Nvidia Corporation ( NASDAQ:NVDA ) is facing reported internal pushback on its ambitious $100 billion investment plan in OpenAI, according to a Wall Street Journal report that sent ripples through retail investor communities over the weekend.
Nvidia (NASDAQ:NVDA) just seems to keep the deals and partnerships coming.
Nvidia's shares slipped in premarket trading after a deal between the chip giant and OpenAI appeared to be in question. The tech giant had announced plans in September to invest up to $100 billion into the AI startup.
European stocks are expected to open in negative territory as concerns over cryptocurrencies, precious metals and artificial intelligence haunt global markets.