Retail traders sent almost $30 billion into Nvidia shares this year on balance, according to Vanda Research. It's the latest honor for the megacap tech stock, which has shown leadership within artificial intelligence that has dazzled both Wall Street and Main Street.
Nvidia is soaring now, but could its dominance fade in the next few years? Two tech titans could outshine Nvidia by 2029.
Nvidia's Blackwell GPU holds the potential to dwarf Hopper's revenue in the coming quarters. I discuss what lies ahead for NVDA and where I would buy NVDA stock in 2025.
Broadcom estimates revenue from its three existing hyperscale customers will range from $60 billion to $90 billion in 2027, up from $12.2 billion in 2024. In other words, the company anticipates that custom AI chip sales will increase at least 70% annually in the next three years, but perhaps as quickly as 95% annually.
Could Nvidia stock fall by about 50% to levels of around $65 in the near term from the roughly $130 level it is at currently? We believe this is a real possibility. Nvidia has seen its business boom,
Nvidia will no doubt have the biggest CES 2025. After all, the company has pretty much the biggest everything nowadays. The chip giant is sporting a $3.4+
A leaked photo of what is claimed to be an early PCB design for the upcoming Nvidia RTX 5090 flagship GPU has leaked online
Nvidia (NASDAQ:NVDA) stock found itself in a mini-slump in recent weeks, falling into correction, even as other tech stocks experience their so-called “Nvidia moments.” Though Nvidia could be a relative laggard for a few more weeks or even months as investors digest the recent Fed meeting,
Nvidia looks like it's back in rally mode as it attempts to retake its 50-day moving average. NVDA stock is up 182% year-to-date and if this year's trend continues, the stock could rally in anticipation of a positive Q4 earnings announcement.
Doug Lefever, who leads Nvidia supplier Advantest, said he was watching for any sign of slower spending on AI by big US tech groups. Meta, Google and Microsoft have been heavy investors in data centres that can deliver massive amounts of computing power.
Nvidia poised to capitalize on high demand for inference GPUs with superior technology, but competition is heating up. Click here for more on NVDA stock.
Morgan Stanley said Nvidia stock is its top pick heading into 2025, and success of Blackwell should dispel investors' lingering concerns.