Sen. Elizabeth Warren applauded reports that the DOJ opened an antitrust probe into Nvidia. The chipmaker's dominance starves startups and competitors, she wrote in a letter obtained by BI.
Is NVIDIA Corp. NASDAQ: NVDA a proxy for the broader market? It sure looks like it.
Today, after its huge AI-driven run-up, Nvidia's stock is priced for perfection. During both the Great Recession and in 2022, Nvidia underperformed the S&P 500.
Nvidia's focus on becoming an end-to-end provider of AI products should allow it to tap more than just the multibillion-dollar AI chip market in the long run. The company has minted millionaires in the past decade, and a closer look at its potential growth suggests that it can still become a multibagger investment going forward.
Nvidia has soared thanks to its dominance in the artificial intelligence chip market and solid revenue growth. But in recent days, the stock has lost its momentum -- and a huge chunk of market value.
Nvidia has been the dominant player in the market for AI chips. A closer look at TSMC's business model suggests that it is also a key player in this market.
The chipmaker's CEO Jensen Huang has sold more than $633 million in Nvidia stock since June
Nvidia. Corp. Chief Executive Jensen Huang has sold more than 5 million shares of the chip maker in recent months, totaling about $633.1 million, according to a new filing.
Nvidia's (NVDA) stock price gained Thursday, rebounding from losses earlier in the week as Bank of America analysts said near-term headwinds could offer an "attractive opportunity" for investors to buy.
The TSMC stock is a better buy than the NVIDIA stock due to reasonable valuations, pricing power, tactical partnerships, diversification, and an inherent ability to exploit the growing demand for AI applications.
If you've heard as much as you want about Nvidia for now, we've also got these two stocks worth watching: Birkenstock and Alimentation Couche-Tard.
The Department of Justice is looking into Nvidia as part of an antitrust probe. Legal experts say Nvidia should cooperate fully and prepare for any potential legal outcomes.