As 2024 comes to a close, the share price of semiconductor giant Nvidia (NASDAQ: NVDA) has exhibited some volatility, impacting the stock’s potential push toward the $150 mark.The chipmaker ended the December 20 trading session up 3%, valued at $134.70. On the weekly chart, NVDA’s share price has posted modest gains of about 0.37%. Meanwhile, the company’s dominance in artificial intelligence (AI) has helped Nvidia record a 179% growth year-to-date in 2024. NVDA YTD stock price chart. Source: Google Finance ...

Key TakeawaysIt’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs.Most analysts expect more gains ahead, with demand for Nvidia’s latest chips continuing to outpace supply.Citi analysts suggested the stock’s next big boost could come next month, with CEO Jensen Huang set to deliver a keynote address at the Consumer Electronics Show in January. It’s been a record-breaking year for artificial intelligence (AI) darling Nvidi ...

When analyzing Nvidia (NVDA 3.08%), you can probably forgive some investors for writing it off as overvalued. The stock is up around 12-fold since its bear market low in 2022.Its valuation and growth rate stoke fears that it's flying too close to the sun and will crash when its wings melt.Even its most ardent bulls will concede it is not a cheap semiconductor stock. Still, saying it's "too close to the sun" is likely an exaggeration, and here's why.The Nvidia revolutionNvidia changed the face of the semicon ...

There's no question that Nvidia (NVDA 3.08%) has been the leader of the artificial intelligence (AI) revolution thus far. The stock jumped by nearly 10 times since the start of 2023, shortly after the launch of ChatGPT.It rose to become the most valuable company in the world this year, though it has since ceded that position to Apple. Nvidia's strength was on display in its latest earnings report as the company delivered another round of blowout results. Revenue jumped 94% to $35.1 billion, and adjusted net ...

Artificial intelligence (AI) is the most revolutionary technology in a generation. Its ability to instantly generate text, images, videos, and even computer code could drive a productivity boom for businesses all over the world.The industry is still in its infancy, but Wall Street's forecasts suggest AI could add anywhere between $7 trillion and $200 trillion to the global economy during the next decade. That's why technology giants are battling one another for AI supremacy and spending astronomical amounts ...

Nvidia (NVDA 3.08%) has delivered investors a year full of records, milestones, and successes. The top artificial intelligence (AI) chip designer has reported its highest revenue ever quarter after quarter and was invited to join the prestigious Dow Jones Industrial Average. In addition, Nvidia says demand for its new Blackwell architecture is soaring. On top of this, the tech giant's stock has climbed about 160% this year, making it the best performer in the Dow.As the AI boom continues, Nvidia looks like ...

Key TakeawaysNvidia stock is higher Friday at the end of the last full week of trading in 2024 following a recent slide into technical-correction territory.Nvidia shares have fallen in nine of the last 11 trading sessions since closing at $145.14 on Dec. 4.The AI tech giant received some good news to close its week, as European regulators cleared the company's acquisition of Israeli software company Run:AI Labs. Nvidia (NVDA) shares slowed their recent slide into technical-correction territory Friday, with ...

In Brief Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai.The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through other hardware options compatible with Nvidia would still be available on the market and thus this company combination would not create a monopoly. Despite t ...

It has been about a month since the last earnings report for Nvidia (NVDA) . Shares have lost about 10.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Nvidia due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. NVIDIA Q3 Earnings and Revenues Surpass EstimatesNVIDIA ...

Micron's earnings showcased the strong demand for AI semiconductor solutions.In today's video, I discuss recent updates affecting Nvidia (NVDA 2.50%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Dec. 18, 2024. The video was published on Dec. 18, 2024. ...