Nvidia, AI and Market Cap
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The graphics processing and AI specialist has recently climbed to record highs. Is it too late to buy?
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
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Key TakeawaysAdvanced Micro Devices (AMD) stock jumped Thursday after analysts suggested the company’s latest AI chips are comparable to Nvidia's (NVDA) offerings .The stock broke out from a flag pattern in Thursday’s trading session on the highest volume in a little over a week,
The company is benefiting from high demand for computing power to support AI training and inferencing. Over the past couple of years, Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have both shown their strengths in artificial intelligence (AI) -- and as a result,
The wealth of Silicon Valley workers and investors, which has helped make the region one of the hottest housing markets in the Bay Area, might no longer translate to home sales as smoothly as before.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
Nvidia stock has regained its momentum in recent months and should be able to sustain it in the long run as well. Nvidia's market share and the potential data center revenue growth that it could clock should help double its market cap in the next three years.