Nvidia (NVDA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
NVDA's long-term growth story is compelling, but issues like product delays and lofty valuations imply that now may not be the ideal time to buy aggressively.
Despite solid numbers on the top and bottom lines, Nvidia's stock price fell after its investor update.
Nvidia is trying to stay ahead of the curve in accelerated computing.
As signs keep appearing that the artificial intelligence (AI) hype could be at its final stretch, the sector's crowned ruler, Nvidia (NASDAQ: NVDA), might lead the declines in the upcoming bear market, at least according to one renowned trading analyst, who has outlined Nvidia stock's future path.
Nvidia CEO Jensen Huang did a lot to quell investor concerns about the soaring company performance.
Nvidia stock fell last month after forecasting a fall in its revenue growth rate, according to an August Forbes post.
Nvidia (NASDAQ:NVDA) has become the face of the artificial intelligence revolution.
A rival chipmaker has emerged as an alternative for investors wanting AI exposure without putting all their eggs in the Nvidia basket.
Nvidia NVDA 1.51%increase; green up pointing triangle dominates the chips at the center of the artificial-intelligence boom. It wants to conquer almost everything else that makes those chips tick, too.
As Nvidia (NASDAQ: NVDA) continues its stellar growth, concerns are rising that the artificial intelligence (AI) hype, which has affected various sectors in recent years, from healthcare to finance, retail to manufacturing, and beyond, has finished its rally and could be nearing its final days.
Nvidia (NASDAQ: NVDA) stock posted yet another beat on earnings in its Q2 report on August 28, revealing a revenue that has almost doubled from the same period in the previous year, with four mystery customers making up roughly 45% of its total revenue–each contributing more than $3 billion.