NVIDIA Corporation’s Stock Price Soars to $132.89, Marking a Significant 4.05% Uptick

NVIDIA Corporation (NVDA)

132.89 USD +5.17 (+4.05%) Volume: 283.64M

NVIDIA Corporation’s stock price surges to $132.89, marking a significant trading session increase of +4.05% with a hefty trading volume of 283.64M, reflecting a robust +168.35% rise YTD, demonstrating the tech giant’s strong market performance.

Latest developments on NVIDIA Corporation

Nvidia Corp’s stock is on a winning streak, heading for its fifth day of gains as Wall Street remains bullish on the future of AI technology. The company’s CEO, Jensen Huang, saw his net worth increase by $4 billion as Nvidia shares jumped 4%. Analysts are updating their outlook for Nvidia’s Blackwell chips amid the AI boom, with Foxconn partnering to build Taiwan’s fastest AI supercomputer using Nvidia technology. The company is also highlighting its AI software and services at various summits, showcasing game-changing energy efficiency and innovation. With Nvidia’s stock nearing a record high, investors are closely watching as the company continues to lead in the AI space.

NVIDIA Corporation on Smartkarma

Analysts on Smartkarma are closely monitoring NVIDIA Corp, with insights from providers like Baptista Research and Brian Freitas. Baptista Research‘s report “NVIDIA’s ‘Insane’ Blackwell Demand & The New NVLM Model – Can It Redefine AI Computing in 2025?” highlights the company’s significant leap in AI computing with its latest Blackwell GPU. CEO Jensen Huang’s emphasis on the demand as “insane” and plans for release to data centers and consumers by 2025 show NVIDIA’s growth trajectory in the AI space.

Additionally, Brian Freitas’s report “Select Sector Indices: Inflows to Apple, Palantir, Dell Will Add to SPX Buying” discusses changes in the market landscape impacting NVIDIA. While NVIDIA’s AI growth has been unstoppable, potential selling pressure is highlighted due to changes in sector indices and market consultation proposals. These reports provide valuable insights on NVIDIA’s performance and market dynamics for investors to consider.

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 high scores in Growth, Resilience, and Momentum, the company is well-positioned for future success. Its innovative products and strong market presence contribute to its high scores in these areas.

While NVIDIA Corp may not score as high in Value and Dividend, its strengths in Growth, Resilience, and Momentum indicate a promising future. The company’s focus on developing cutting-edge technology and its ability to adapt to market changes make it a solid investment choice for those looking for long-term growth potential.

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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