NVDA Jan 2025 50.000 call
- Yahoo Finance Video
Nvidia stock pops as Citi opens 90-day upside catalyst watch
Shares of Nvidia (NVDA) are trading higher on Monday after analysts at Citigroup (C) initiated a 90-day upside catalyst watch on the stock. Citi's analysts see the potential for positive supply chain commentary from chip factories and memory suppliers during the upcoming earnings season. Yahoo Finance's Brad Smith and Seana Smith discuss the recent downward pressure on the stock. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Reuters
Startup Rivos raises $250 million to develop RISC-V AI chips
Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. Nvidia's combination of chips and CUDA software dominates the market for AI-related computing, and Nvidia gobbled up more than 80% market share of AI chips in 2023.
- Investor's Business Daily
Nvidia, Meta Shoulder Most Of 2 Sectors' Profit Growth, While Amazon Will Rescue Another
Analysts project first quarter earnings growth of 0.9% for the S&P 500. Nvidia, Meta and Amazon will likely be the biggest contributors to three S&P sectors.
