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 Noticias

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.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

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.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »