NVIDIA Corporation’s Stock Price Skyrockets to $128.91, Marking a Striking Increase of 8.86%

NVIDIA Corporation (NVDA)

128.91 USD +10.49 (+8.86%) Volume: 557.8M

NVIDIA Corporation’s stock price is currently at 128.91 USD, observing a significant trading session increase of +8.86%, with a trading volume of 557.8M. Despite this recent boost, the tech giant’s year-to-date percentage change remains in the negative at -5.28%.

Latest developments on NVIDIA Corporation

NVIDIA Corp. faced a tumultuous day in the stock market following the DeepSeek AI breakthrough that sent shockwaves through the tech industry. The company’s stock plummeted by a record $589 billion, marking the largest one-day loss in U.S. history. Despite this massive setback, options drew dip buyers as shares rebounded slightly. Although Jensen Huang, CEO of NVIDIA, suffered a $20 billion blow to his net worth, the company remains resilient amidst the DeepSeek frenzy. Analysts view the recent dip as a buying opportunity, emphasizing the long-term potential of NVIDIA stock amid the AI revolution.

NVIDIA Corporation on Smartkarma

Analysts on Smartkarma have been closely monitoring NVIDIA Corp, the global leader in AI hardware, as it faces unprecedented turbulence in the market. According to Baptista Research, NVIDIA recently experienced a historic $600 billion crash in market capitalization due to the emergence of DeepSeek, a Chinese AI startup with a highly efficient and cost-effective AI model, DeepSeek R1.

On the other hand, Nico Rosti has taken a bearish stance on NVIDIA, attributing the company’s plummeting stock to DeepSeek’s latest AI release being superior to its competitors, including Meta Platforms. This has caused tech companies like NVIDIA to fall significantly, prompting concerns about potential support levels for reversal rallies. Despite this, Baptista Research remains bullish on NVIDIA, highlighting the company’s technological advancements and record-breaking financial performance in their recent quarterly earnings report.

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

According to Smartkarma Smart Scores, NVIDIA Corp has a positive long-term outlook. With a high Growth score of 5, the company is expected to experience strong growth in the future. This is supported by a Resilience score of 4, indicating that the company is well-positioned to withstand economic challenges. While the Value and Dividend scores are lower at 2, the company’s overall outlook remains favorable.

NVIDIA Corporation designs, develops, and markets 3D graphics processors and software, providing interactive 3D graphics to the mainstream personal computer market. With a Momentum score of 3, the company is showing steady performance in the market. Overall, NVIDIA Corp‘s Smartkarma Smart Scores suggest that the company has a solid foundation for long-term success in the industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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