Previous close | 243.47 |
Open | 227.00 |
Bid | 216.35 |
Ask | 221.35 |
Strike | 160.00 |
Expiry date | 2023-06-16 |
Day's range | 222.52 - 227.26 |
Contract range | N/A |
Volume | |
Open interest | 3.68k |
As chipmaker Nvidia soars above a $1 trillion market value, investors are searching for the next big tech name that could see the same AI boost. Portfolio Manager of the BullseyeBrief.com American Ingenuity Fund Adam Johnson details several tech stocks that could follow Nvidia's lead and capitalize on artificial intelligence trends.
Yahoo Finance markets reporter Josh Schafer discusses the top stock market winners and losers in the month of May, including Nvidia, Tesla, and Urban Outfitters.
Yahoo Finance Live's Julie Hyman checks the market action following the JOLTS report. Hyman also checks in on Nvidia shares, which are now trading lower after the chip stock briefly reached $1 trillion in market value.
Taiwan Semiconductor Manufacturing (NYSE: TSM) has reportedly seen an increase in utilization rate for some of its manufacturing lines, thanks to the demand for Nvidia's (NASDAQ: NVDA) artificial intelligence (AI) chips.
(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang is heading to China to meet with tech executives in the world’s biggest chip market, despite rising tensions between Washington and Beijing, according to people familiar with the matter.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkTwitter Is Now Worth Just 33% of Elon Musk’s
Nvidia (NVDA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Nvidia (NVDA) hit a $1 trillion market-cap valuation, becoming the world's ninth public company and the first chipmaker to ever hit the trillion level.
The world has gone crazy over generative artificial intelligence (AI), and we have Nvidia's (NASDAQ: NVDA) financial outlook for the ages to thank for it. Fueled by rising demand for generative AI services like ChatGPT, Nvidia said its quarterly revenue is poised to skyrocket from $7.2 billion last quarter (the three months ended in April 2023) to $11 billion next quarter, and sustain at a similar level for the rest of this year. Growth like this from a company of such size is incredibly rare, and Nvidia is keeping its foot on the gas.
The technology sector has been at the forefront of the stock market rally in May, primarily thanks to the artificial intelligence (AI) mania.
Nvidia made numerous announcements over the weekend, but the partnership with MediaTek needs more attention from investors.
NVDA, CAJPY and MUSA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 31, 2023.
Here is how Cerence (CRNC) and Nvidia (NVDA) have performed compared to their sector so far this year.
The wealthiest hedge fund managers in the world were buying shares of Nvidia in the first quarter. Is this growth stock still worth buying?
Nowhere is this trend more evident than in the recent parabolic growth of graphics, computing, and networking solutions company Nvidia (NASDAQ: NVDA). Thanks to its central role as a pillar of global AI architecture, Nvidia has seen its market cap swell to nearly $1 trillion in 2023.
Wall Street has delivered a muted performance in May while debt-deal was on.
On May 30, Nvidia (NVDA) surged about 3% to join the elite club of Wall Street - the one trillion market cap holders - for a brief period on AI frenzy.
The semiconductor industry's long-term outlook is extremely promising, and top players in the space will likely deliver incredible returns for shareholders. Just take a look at the stock performance for Nvidia, one of the world's leading high-performance chip companies. Thanks to artificial-intelligence (AI) applications powering big growth for the company's data-center business, Nvidia's market cap is now in the range of $1 trillion.
Two that I think fall under this umbrella are Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM). Many people know Alphabet through its Google, YouTube, and Android products, but it also is massively investing in AI. An investment in Alphabet covers many corners of the AI industry, as it has a cloud computing division that can help customers train AI, an AI toolkit that developers can use to deploy AI to their products, and Google DeepMind, a segment that is solely focused on researching and engineering new AI capabilities.
How does Nvidia's (NASDAQ: NVDA) valuation compare to the other companies in the trillion-dollar club? Check out the short video to learn more, consider subscribing, and click the special offer link below.
Fool.com contributor and finance professor Parkev Tatevosian expands on one catalyst for Nvidia (NASDAQ: NVDA) stock in 2023 and beyond. *Stock prices used were the afternoon prices of May 27, 2023. The video was published on May 29, 2023.