NVIDIA Corporation’s Stock Price Skyrockets to $1150, Showcasing a Robust +4.90% Surge

NVIDIA Corporation (NVDA)

1150.00 USD +53.67 (+4.90%) Volume: 43.47M

Explore NVIDIA Corporation’s stock price soaring at 1150.00 USD, showcasing a robust trading session with a +4.90% surge and a high trading volume of 43.47M. With an impressive YTD percentage change of +132.22%, NVDA continues its bullish trend, marking it as a strong contender in the tech stock market.

Latest developments on NVIDIA Corporation

NVIDIA Corp is making waves in the stock market as it gears up for a stock split in 2024, sparking investor interest. The company recently announced new AI chips amidst fierce competition, leading Itau BBA to set a bullish price target. As NVIDIA’s stock price skyrockets due to market frenzy, analysts predict that the peak of AI is yet to come. With the release of digital human microservices and plans for future generative AI avatars, NVIDIA is paving the way for the future of AI technology. As the company’s stock continues to soar, surpassing even Apple in market cap gains, investors are closely watching NVIDIA’s strategic moves in the AI industry.

NVIDIA Corporation on Smartkarma

Analysts on Smartkarma are bullish on NVIDIA Corp, with insights pointing towards the company’s potential to become the world’s largest based on its leadership in artificial intelligence and graphics processing units. Baptista Research highlighted NVIDIA’s record revenue of $26 billion in the first quarter of fiscal year 2025, surpassing expectations. Douglas O’Laughlin also emphasized the positive earnings report, noting the strong performance in networking revenue. The sentiment remains optimistic as the AI giant continues to impress investors.

Jim Handy’s analysis focused on NVIDIA’s sharp sales increase to $26 billion, driven by AI server demand. This growth poses a threat to competitors like Intel and AMD, although there are concerns about potential inventory build-up leading to a Boom/Bust cycle. Additionally, Douglas O’Laughlin discussed NVIDIA’s vision for system-level scaling in the data center, highlighting key pillars like copper, cooling, and compute density. The overall sentiment from analysts is positive, reflecting confidence in NVIDIA’s future prospects.

A look at NVIDIA Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, NVIDIA Corp has a positive long-term outlook. With a high score in Growth and Momentum, the company is expected to continue to expand and perform well in the market. Additionally, the company scores well in Resilience, indicating its ability to withstand economic challenges. However, the Value and Dividend scores are lower, suggesting that investors may not see as much immediate return in these areas.

NVIDIA Corporation is a company that designs, develops, and markets 3D graphics processors and related software. Their products cater to the mainstream personal computer market, providing interactive 3D graphics. With high scores in Growth and Momentum, the company is positioned to continue its success and growth in the industry. While the Value and Dividend scores are not as high, the overall outlook for NVIDIA Corp remains positive based on the Smartkarma Smart Scores.

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