Without a doubt, the blue-chip chipmaker and semiconductor giant Nvidia (NASDAQ: NVDA) has been one of the most exciting stocks throughout the last year and a half.
NVIDIA (NVDA) stock soared on Tuesday on hopes that the company is likely to be a prime beneficiary of growing investments in generative AI by Elon Musk's AI venture, xAI.
Nvidia artificial intelligence solutions continue to dominate the market.
Enterprises, institutions, and individuals are boosting their spending on artificial intelligence, and this company is poised to benefit.
Nvidia's sales have exploded in recent quarters, which increases the risk of a cyclical downturn in future years.
You're doing something right if your company is worth $2.6 trillion like Nvidia. And it's worth looking at the companies Nvidia invests in.
Nvidia once again posted great earnings results led by its data center business. While there are some worries of a pull-forward in demand, the company does not see this as an issue.
Nvidia's earnings continue to climb as customers rush to buy the company's artificial intelligence (AI) chips. The tech giant dominates the AI chip market and promises to keep innovating.
In today's market, anyone can look smart saying that stocks like NVIDIA (NASDAQ: NVDA ) or Meta (NASDAQ: META ) are good investments. However, the best investments are often found by investors identifying overlooked stocks that the rest of the market has yet to catch up on.
Nvidia's latest earnings report easily exceeded analysts' expectations. The bulls believe it has plenty of room to run and that its stock is reasonably valued.
The artificial intelligence (AI) revolution is estimated to add more than $15 trillion to the global economy by 2030. With demand for Nvidia's graphics processing units (GPUs) swamping supply, the company was able to crush Wall Street's operating expectations, once again.
CNBC's Jim Cramer on Tuesday said he still believes investors should own Nvidia, not trade it, but be aware that the company's rally may not continue. Cramer reviewed a few bullish takes on Nvidia, including a case for the stock from Melius analyst Ben Reitzes and an ultra-bullish view from Dan Fitzpatrick.