Nvidia stock eyes record high, looks to unseat Apple as world's most valuable company

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 57 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Nvidia أخبار

Wall Street Analysts,Foxconn

Nvidia stock is aiming to notch a new all-time high as the AI boom shows no sign of slowdown.

The stock’s climb began Oct. 2 following the announcement of a massive, $6.6 billion funding round for ChatGPT-maker OpenAI. Much of that funding will beNvidia shares continued their upward trajectory, fueled by a barrage of good news for the AI chipmaker. Wall Street analysts last week reiterated their Buy ratings on Nvidia shares.

Semiconductor industry sales rose 28% in August from the prior year and 15% from July, according to the most recent WSTS data reviewed by JPMorgan . Nvidia CEO Jensen Huang said last week in a CNBC interview that demand for Nvidia’s latest Blackwell chips has beenNvidia is set to report earnings on Nov. 19. Wall Street analysts expect the company to report revenues of $33 billion, up 82% from the prior year, according to Bloomberg consensus estimates.

Surface Active Agents Industry Analysis and Business Opportunities, 2024-2030, Featuring Profiles of Key Players - BASF, Dow, Evonik Industries, Clariant, Solvay & More - Total Revenues to Reach $64 Billion The need to reduce the demand for fossil fuels in industrial applications is driving investment in decarbonised solutions such as heat pumps. Coinciding with a rising share of renewables, the technology has gained momentum as a robust choice for achieving a more sustainable level of industrial development. Policy instruments and financing mechanisms will further accelerate the clean energy transition, of which heat pumps will be a core element.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Nvidia stock climbs on bullish AI market growth projectionShares of Nvidia (NVDA) are ticking higher after a new report from Bain & Company predicted the market for AI-related hardware and software to reach $990...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Nvidia stock edges up as industry report predicts 'unprecedented levels' of investments in AI data centersNvidia stock rose on Wednesday following a bullish industry report on AI spending.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »