Previous close | 0.5500 |
Open | 0.4700 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 85.00 |
Expiry date | 2024-06-21 |
Day's range | 0.4400 - 0.5500 |
Contract range | N/A |
Volume | |
Open interest | 611 |
Nvidia debuted a host of new AI technologies on Monday, as the chip giant's stock price soared on a positive second quarter outlook.
Nvidia (NASDAQ: NVDA) and ASML (NASDAQ: ASML) are two of the world's most important semiconductor companies. Nvidia is the world's largest producer of discrete graphics processing units (GPUs) for video games, graphical applications, and artificial intelligence (AI) tasks. ASML is the top producer of lithography systems used to etch circuit patterns onto silicon wafers and the only supplier of top-tier extreme ultraviolet (EUV) lithography systems required to produce the world's smallest and densest chips.
(Bloomberg) -- Nvidia Corp. is poised to become the world’s first chipmaker with a $1 trillion market capitalization, joining an exclusive club of American companies with a valuation that high. Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyXi Cha
These stocks have crushed the market in 2023. While some are skeptical, there are real exciting business possibilities going out into the future.
Artificial intelligence (AI) is hot right now. My prediction is that six AI stocks will be worth a combined $20 trillion or more by 2030. It's no coincidence that 6 out of the 7 biggest stocks based on market cap that trade on U.S. exchanges have a major focus on AI.
(Bloomberg) -- Jensen Huang, chief executive officer of chip phenom Nvidia Corp., is getting the kind of treatment usually reserved for celebrities and sports stars during a trip to Taiwan.Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyXi Charm Of
Price targets from select analysts and pundits imply respective market caps of $6.3 trillion and $1.5 trillion for two widely held artificial intelligence (AI) stocks.
It would be an understatement to say that Nvidia (NASDAQ: NVDA) crushed Wall Street's expectations with its outstanding guidance when it released its fiscal 2024 first-quarter results for the three months ended April 30 on May 24. The latest surge has brought Nvidia's year-to-date gains to a whopping 166%, which leads to the question of whether it is too late for investors to buy this high-flying semiconductor stock. Nvidia's Q1 2024 revenue came in at $7.2 billion, down 13% over the prior-year period.
Nvidia, Alphabet, Apple, Meta and Microsoft are part of Zacks Earnings Preview.
The Invesco QQQ Trust ETF, VanEck Vectors Semiconductor ETF and NVIDIA have been highlighted in this Investment Ideas article.
Investing.com -- A House committee is set to examine the debt ceiling deal, with investors hopeful that Congress will sign off on the agreement before a potential U.S. default on June 5. Meanwhile, HP Inc. prepares to report its latest earnings, while Cathie Wood sounds off on a recent surge in Nvidia shares.
(Bloomberg) -- It’s not every day that Cathie Wood labels a stock-market darling of the innovation economy too expensive.Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyXi Charm Offensive Turns to Space as ‘Divine Craft’ LaunchesBut Nvidia Corp.’s
Also in today’s newsletter: Rising interest rates set back European bank M&A, Philip Morris says company on path to becoming ESG stock, fusion energy machine
(Bloomberg) -- Semiconductor designer Arm Ltd. has found its calling card for the rest of the year as it builds toward a much-anticipated initial public offering: artificial intelligence.Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyXi Charm Offe
Investing.com -- Cathie Wood, manager of the ARK Innovation exchange-traded fund (NYSE:ARKK), said on late-Monday that recent stock market darling Nvidia Corporation (NASDAQ:NVDA) was priced “ahead of the curve,” and that Tesla Inc (NASDAQ:TSLA) was positioned to benefit from recent breakthroughs in artificial intelligence.
(Bloomberg) -- Taiwan’s Asustek Computer Inc. plans to introduce one of the first services that lets companies tap into the potential of generative artificial intelligence while keeping control over their data.Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Bil
AI chatbots may pen your company's next advertising jingle. WPP, one of the world's most dominant advertising agencies, is teaming up with...
Nvidia's (NASDAQ: NVDA) stock price is soaring to astronomical levels. In this video, fool.com contributor and finance professor Parkev Tatevosian elaborates on Nvidia's phenomenal performance. *Stock prices used were the afternoon prices of May 26, 2023.
Chip group’s boss unveils new platform to help tech groups build generative artificial intelligence models
LONDON & NEW YORK, May 29, 2023--NVIDIA and WPP (NYSE: WPP) today announced they are developing a content engine that harnesses NVIDIA Omniverse™ and AI to enable creative teams to produce high-quality commercial content faster, more efficiently and at scale while staying fully aligned with a client’s brand.
Security-driven approach to trade clashes with western corporate interests and environmental targets
Based on the latest round of Form 13F filings with the Securities and Exchange Commission, billionaire investors have been intrigued by the potential of artificial intelligence. All told, billionaire investors bought two ultra-popular AI stocks hand over fist during the quarter, while shying away from another exceptionally popular AI holding. The first artificial intelligence stock that some of Wall Street's billionaire investors can't seem to get enough of is semiconductor company Nvidia (NASDAQ: NVDA).
(Bloomberg) -- MediaTek Inc. is adopting Nvidia Corp.’s suite of artificial intelligence accelerators and technologies for its future range of semiconductors for connected cars.Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyXi Charm Offensive Turn
(Bloomberg) -- In a two-hour presentation in Taiwan, Nvidia Corp. Chief Executive Officer Jensen Huang unveiled a new batch of products and services tied to artificial intelligence, looking to capitalize on a frenzy that has made his company the world’s most valuable chipmaker.Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineWorld’s Mo