Previous close | 440.50 |
Open | 505.65 |
Bid | 496.00 |
Ask | 504.85 |
Strike | 770.00 |
Expiry date | 2025-03-21 |
Day's range | 505.65 - 505.65 |
Contract range | N/A |
Volume | |
Open interest | 111 |
Stifel applied technology analyst Ruben Roy joins Josh Lipton and Alexandra Canal on Market Domination to discuss the status of the chip sector amid recent volatility as Nvidia (NVDA) tries to hold onto its dominant position. Roy tells Yahoo Finance that investors are worried about when Big Tech companies will see the payoff of their AI investments. Another key chip investor concern is the sustainability of the increased capital expenditures (capex) spending to invest into AI and where the spending will shift after data centers are built. Nvidia stands out as a major benefactor of the AI boom. Despite recent volatility, the chipmaker's stock has more than doubled since the start of 2024. The analyst tells the Market Domination team that Nvidia’s “checks have been solid” and “it's not just Blackwell” as demand for the company's Hopper GPUs is also holding strong. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
We recently compiled a list of the 35 Chip Stocks Powering AI Boom. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI stocks. AI has played a pivotal role in driving growth within the semiconductor market, transforming it into one of the most lucrative […]
A share repurchase, or share buyback, is when a company rebuys its own shares and returns money to its investors.