Among the Magnificent Seven stocks, Nvidia (NASDAQ: NVDA) ended the last trading session with significant losses as investors continued to digest the company's third-quarter earnings report.
Some industry giants are building so-called super clusters of computer servers that cost billions of dollars and contain unprecedented numbers of Nvidia's most advanced chips.
Numerous growth drivers and strong tailwinds should combine to drive this artificial intelligence (AI) pioneer higher.
Nvidia Stock Just Did Something It Has Never Done Before. History Says the AI Stock Could Do This Next.
Nvidia's focus on innovation has helped it stay ahead of rivals in the high-growth artificial intelligence market. The company now has reached a big moment -- the launch of its game-changing new architecture.
Nvidia CEO Jensen Huang told graduates and academics that "the age of AI has started" in a speech on Saturday, after receiving an honorary doctorate degree in engineering from the Hong Kong University of Science and Technology.
Nvidia's NVDA quarterly results were excellent, with the chip giant not only beating estimates and raising guidance but also achieving top- and bottom-line growth rates that are typically associated with start-up players.
A packed market week sent indices higher, led by a rally from the Russell 2000. Nvidia (NVDA) propelled market activity after reporting another monstrous earnings beat which helped Supermicro's (SMCI) 75%+ rally.
Dave Mazza wraps up the week with his takeaways on the Nvidia (NVDA) earnings report. He notes hyperscaler demand for NVDA products as a key focal point, but adds that guidance wasn't "above and beyond" like usual.
NVIDIA Corporation NVDA has delivered better-than-expected sales and earnings in its latest quarterly report as it continues to progress banking on the incessant demand for its artificial intelligence (AI) chips.
NVIDIA's revenue forecast failed to meet high investor expectations but Dan Ives, Wedbush Securities' Managing Director & Senior Equity Analyst told Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche that the AI revolution & NVIDIA's Jensen Huang's vision is still in the early days of playing out. -------- More on Bloomberg Television and Markets Like this video?
Jerry Sneed says to "have a shopping list" for your portfolio. When it comes to the A.I.