Nvidia stock could rely on earnings from its smaller peer Advanced Micro Devices and server maker Super Micro Computer for direction.
Despite Nvidia receiving assurances it can resume sales of H20 chips to China, Bernstein predicts that the company's market share in the country will fall to 54% in 2025, down from 66% in 2024. Since the H20s were blocked from the market in April, local rivals have continued to advance and grab more customers.
Nvidia (NVDA -2.26%) is the world's largest company and has risen to this position at an unbelievable pace, but it's far from done growing. Nvidia is one of the primary benefactors of the artificial intelligence (AI) arms race because its GPUs have become the standard computing unit that many AI companies have built their models on.
Whenever AI top dog Nvidia (NASDAQ:NVDA) places a bet, it's hard not to be tempted to follow suit, especially given Jensen Huang seems to know where the puck is headed next in the fast-moving world of AI.
It seems like every investor already knows about semiconductor company Nvidia (NVDA -2.26%) these days, especially given the fact that this artificial intelligence (AI) stock is up 866% over the past three years. But Nvidia has been an important tech stock for many years, long before AI became a big trend, as the company built a strong business selling GPUs for gaming.
Every few decades, the technology world is reshaped by a generational visionary who somehow seems to see the future before it actually unfolds. Right now, the most important technologist might just be Jensen Huang, the CEO of Nvidia (NVDA -2.26%).
Nvidia's (NASDAQ: NVDA) stock price has taken a hit, retreating from its recent high above $180. However, artificial intelligence (AI) tools are projecting that the equity will likely reclaim this level by the end of August.
Earlier in July, U.S. Secretary of Commerce Howard Lutnick gave chipmakers like Nvidia the green light to start selling certain AI chips in China again, but his department is said to be holding things up.
The 2025 Q2 earnings season keeps chugging along this week, with a notable number of companies on the reporting docket. Among the bunch are several Mag 7 members, with several other heavyweights also reporting.
Recently, Zacks.com users have been paying close attention to Nvidia (NVDA). This makes it worthwhile to examine what the stock has in store.
Nvidia-backed Nebius is up 78% year-to-date and it is only getting started. Buy Nebius stock before it announces results on August 7.
Nvidia was pulling back from record highs following President Donald Trump's plan to hike tariffs on some U.S. trading partners.