Nvidia, Wall Street
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Is Nvidia Really Just Artificially Propping Up AI Chip Demand?
Nvidia (NASDAQ:NVDA) delivered a blowout earnings report yesterday, easing fears that artificial intelligence (AI) spending might be slowing. The chipmaker reported fiscal third-quarter revenue of $57 billion,
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Nvidia surges, boosting market cap by over $200B, while analysts cheer Q3 results and outlook
Shares of Nvidia (NVDA) jumped about 5% premarket on Thursday after an exceptional quarter and stellar guidance, boosting its market cap by billions of dollars.
Nvidia’s ($NVDA) explosive Q3 earnings report has unleashed a tidal wave of optimism across world markets, and nowhere was the impact more
Chip stock Nvidia Corp (NASDAQ:NVDA) is 5.2% higher before the open, after the company announced better-than-expected third-quarter earnings and revenue beat, alongside an impressive revenue outlook. Today's surge will add to its 38% year-to-date gain, with recent support stemming from the 100-day moving average.
Overall, Nvidia’s revenue from China was $2.8 billion, or 5% of its overall sales for the quarter — far lower than the $8.4 billion projected by Wall Street analysts, according to Bloomberg data. Meanwhile, the AI giant saw $39.2 billion in revenue from the US and $13.8 billion from Taiwan.
Nvidia (NVDA) is "firing on all cylinders" as it put a damper on nearly every bearish thesis, Wall Street analysts said. Read for more.
A leveraged “whale” has just placed a high-conviction bet on Nvidia (NVDA) ahead of the chipmaker’s next earnings report. The trader has opened a 10x long worth about $1.66 million on onchain derivatives platform Hyperliquid.
The daily timeframe chart shows that the NVIDIA stock price has been in a strong uptrend in the past few years. It recently crossed the important resistance level at $200, bringing its market capitalization to over $5 trillion.