When I last covered NVIDIA Corporation (NASDAQ: NVDA ) with my article " Nvidia: I Am Buying The Drop ," the stock was falling quite sharply after reporting third quarter earnings results. Broadly speaking, the vast majority of my stockAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha ...

KEY TAKEWAYSNvidia has reportedly added hundreds of staff members in China this year to beef up its research capabilities and focus on autonomous driving technologies.According to Bloomberg, Nvidia will end 2024 with around 4,000 people, up from just 3,000 at the start of the year.The move by Nvidia to beef up its Chinese self-driving car operations comes as the tech giant whose chips have powered the AI boom is caught up in an ongoing tech war between the U.S. and China. Nvidia (NVDA) has reportedly added ...

In 2024, Bitcoin (BTC) recorded triple-digit gains and even breached the long-awaited milestone price of $100,000 in early December.Despite BTC’s significant rise throughout the year, Finbold research found that the semiconductor giant Nvidia (NASDAQ: NVDA) delivered even higher returns than Bitcoin.An investment in Bitcoin made at the start of 2024 would have yielded a return of 139.72% by Thursday, December 12. In comparison, Nvidia stock would have appreciated 188.47% over the same period, making NVDA’s ...

Optimism surrounding Wall Street's hottest artificial intelligence (AI) stock doesn't match the actions of its board of directors or executives.Roughly 30 years ago, the internet began going mainstream and completely changed the growth trajectory for corporate America.Since the proliferation of the internet in the mid-1990s, Wall Street has been waiting for the next game-changing innovation to provide a leap forward for American businesses. While numerous buzzy trends have come and gone, including 3D printi ...

Nvidia's latest artificial intelligence chips could carry its stock to new heights in 2025.Nvidia (NVDA 3.14%) is the leading supplier of graphics processing units (GPUs) for data centers, which are used to develop artificial intelligence (AI) models. Demand is heavily outstripping supply for those chips, and it's driving an incredible surge in the company's financial results.Nvidia CEO Jensen Huang believes data center operators will invest $1 trillion over the next four years to upgrade their infrastructu ...

Nvidia Corporation (NASDAQ: NVDA ) easily beat the estimates in the recent quarterly earnings report . The company reported EPS of $0.81 which beat estimates by a whopping 8.5%. However, we did not see any positive momentum in the stock. A similarI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector h ...

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The US Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia of misleading investors about how much of its sales depended on the volatile cryptocurrency market.The justices, who heard arguments in the case on Nov. 13, dismissed Nvidia’s appeal of a lower court’s ruling that allowed a 2018 class action — litigation led by the Stockholm, Sweden-based investment management firm E. Ohman J:o ...

Nvidia’s (NASDAQ: NVDA) stock is trading under bearish pressure after slipping below $140, and a technical strategist has suggested that the equity could rally if it clears key resistance levels.The semiconductor giant closed at $135.16 on December 10, down over 2.6% for the session and nearly 7% over the past week. In pre-market trading on December 11, Nvidia rose about 1%.NVDA one-week stock price chart. Source: FinboldNVDA’s key level to watch Despite a strong performance in 2024, the stock’s momentum no ...

The stock is up 179% year to date in 2024 and up 2,510% over the past five years, yet it isn't as costly as you might think.Recent advances in artificial intelligence (AI) could have a profound impact on our lives. The ability to automate and streamline tasks and create original content has the potential to increase productivity and save time and money.One company that's been on the bleeding edge of that trend is Nvidia (NVDA -2.69%). The company's graphics processing units (GPUs) are the gold standard used ...