Nvidia, NASDAQ and Korea Composite Stock Price
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Nvidia just became the first company to reach a $4 trillion market cap. Analysts project Nvidia to grow earnings per share at high rates for several more years. It's difficult to find any companies that have benefited from the growth of artificial intelligence (AI) like Nvidia (NASDAQ: NVDA).
Nvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. With shares up more than 50% since the start of April,
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
Nvidia stock's surge looks poised to accelerate because investors' biggest concern about the company -- losing the Chinese data center AI chip market -- is now a non-issue.
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Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker, Netflix Loom After Trump-Powell Blip; Ferrari Breaks OutDow Jones futures edged lower after hours, along with S&P 500 futures and Nasdaq futures. United AirlinesUAL reported mixed results late Wednesday. NvidiaNVDA and AMD chipmaker Taiwan SemiconductorTSM headline earnings early Thursday with NetflixNFLX due after the close.
Meanwhile, Alphabet, the parent company of Google, stood out with the highest net inflows and a 113 per cent rise in unique investors during the same period on the Vested platform.
Semiconductor giant Nvidia continues to be a Wall Street favorite -- and for all the right reasons. The company's transition from a prominent GPU company to a full-stack artificial intelligence (AI) infrastructure provider has been genuinely exceptional.
High-profile tech names in Alphabet ( GOOG, GOOGL ), Meta ( META ), Nvidia ( NVDA ), and Microsoft ( MSFT) have advanced an average of 35% in the past three months, according to Yahoo Finance analysis. The top two performers are AI darlings Nvidia and Meta, which have logged respective gains of 52% and 41%.