Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.
Arya noted other positive signs for the company’s flagship Blackwell chip.
Nvidia CEO Jensen Huang kicked off this year’s CES consumer electronics trade show with a slew of AI announcements, in a blockbuster address that had analysts calling the chipmaker's stock a "top pick" on its AI leadership.
The stock has had a phenomenal run over the last few years, but Arya's price target of $190 implies 35% upside for the shares over the next year or so. Let's see if that estimate is reasonable based on Nvidia's growth and valuation.
Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, but surprisingly reversed quickly to a significant daily loss, headlining a surprise stark selloff across technology stocks.
Nvidia stock fell Monday after the Biden administration released new rules aimed at controlling the flow of artificial intelligence to China.
Tech show CES 2025 kicks off this week (between January 7-10) with the keynote on January 6 featuring Nvidia CEO Jensen Huang. Looking forward to the event, Bank of America’s Vivek Arya ...
Benchmark analyst Cody Acree reiterated a Buy rating on Nvidia with a $190 price target. Bank of America analyst Vivek Arya maintained a Buy rating with a $190 price target. Read Also: Nvidia 5000 Series, Product Updates Make It Top Semiconductor Pick Ahea ...
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
Bank of America downgraded AMD on Monday, citing competitive risks in the AI market from Nvidia and low demand impacting growth potential. While economic growth fears have ebbed, inflation is ...
Nvidia stock surged 5% on Monday and was edging close to record highs as investors awaited CEO Jensen Huang's keynote speech. at the Consumer Electronics Show. Shares of Nvidia hit an intra-day ...
Despite the stellar stock market gains of 2024, an era of American exceptionalism seems to be only just beginning, which means that ignoring the US could be costly.