Will Rhind says the A.I. race will continue to be the most important market theme to watch next year.
Nvidia shares slumped more than 2% on Monday, putting shares of the AI chip darling in correction territory.
Semiconductor titan Nvidia (NASDAQ: NVDA) has been one of the main beneficiaries of the ongoing shift toward artificial intelligence and automation.
Nvidia (NASDAQ:NVDA) stock is slumping, dropping 12% from its recent record high.
NVIDIA and Royal Caribbean Cruises are worth buying for 2025 because of their high net income ratios.
Over the past two years, semiconductor stocks and artificial intelligence plays have seen significant returns. One of the frontrunners in this race is Nvidia (NASDAQ: NVDA), currently the world's premier chipmaker.
When it comes to the semiconductor industry, there are many areas of intrigue. Chip designers like NVIDIA NASDAQ: NVDA immediately come to mind, as well as fabricators like Taiwan Semiconductor Manufacturing NYSE: TSM.
Nvidia has traded sideways for more than a month. Geopolitics, high expectations and rivals' advances help explain the move.
This has been a fantastic year for stocks, starting out on a bright note, with the S&P 500 (^GSPC -0.00%) confirming the market's presence in bull territory. The benchmark then went on to hit multiple record highs and today is heading for a 26% annual increase.
After Nvidia (NASDAQ: NVDA) CEO Jensen Huang completed the sale of part of his stake under an agreed-upon trading plan, other executives appear to be following suit, liquidating significant shares in the company.
Nvidia's (NASDAQ: NVDA) share price is under pressure after falling below $140, but technical indicators suggest a potential breakout as the year ends.
The past few years have witnessed an unprecedented expansion of artificial intelligence (AI) into various aspects of life. Cashing in on this expansion, companies involved in this space are most certainly at the forefront of the next big thing in AI applications.