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Why Nvidia Stock Rallied on Tuesday
Shares of Nvidia ( NVDA 8.93%) surged higher on Tuesday, after taking it on the chin Monday. The maker of graphics processing units (GPUs) used for artificial intelligence (AI) applications gained as much as 7.2%. As of 1:30 p.m. ET, the stock was still up 7.1%.
Nvidia stock is up over 900% since 2023. Here's why it's still a screaming buy.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Nvidia and other chip stocks are bouncing. Is now the time to buy?
Multiple analysts saw Monday’s sharp semiconductor pullbacks as overdone. One said they could prove “a buying opportunity in hindsight once the dust settles.”
Better AI Stock: SoundHound AI vs. Nvidia
Artificial intelligence (AI) is already transforming industries and has the potential to influence everything from automotive transportation to pharmaceutical discovery. With AI's potential to impact nearly every sector,
Nvidia Stock Rises Premarket
Nvidia stock (NVDA) rose modestly early Tuesday. That put the shares on course to recoup a little bit of the ground lost in the previous session's 17% crash, which was fueled by concerns about China's DeepSeek.
One reason Nvidia looks like a bargain stock following the DeepSeek news
Other technology stocks trading at relatively low valuations to historical levels include Micron, Super Micro and Workday.
10h
on MSN
Top analyst overhauls Nvidia stock price target as DeepSeek impact lingers
Nvidia shares shed nearly $600 billion in market value Monday, marking the largest single-day loss in market history.
15h
on MSN
Prediction: Once the Panic Dies Down, Nvidia Stock Will Soar to a New Record High
CEO Jensen Huang has proven extremely adept at positioning the company for the next big technological breakthrough, as ...
5h
on MSN
DeepSeek Panic Live Updates: Nvidia Stock Rebounds 6%—And Why Apple Stock Is Rallying
Apple emerges as a “relative winner” as DeepSeek shifted investor narratives on AI, wrote Morgan Stanley analysts led by ...
Money Morning
4d
NVIDIA Stock Dips Ahead of Earnings: This Price is Critical for Investors
If the stock is unable to hold that critical $130 price, a new phase of short-term trading patterns will begin, taking NVIDIA ...
9h
Nvidia Stock: Buy The DeepSeek Fear Now To Avoid Regret Later (Rating Upgrade)
Nvidia remains vital to AI, with 87.5% upside potential. Learn why NVDA stock, priced at $118.50, could hit $222-$248.50 by ...
10h
Mag 7 Valuations Going Into Earnings
Tesla also reports on Wednesday, January 29, after the market closes. It has the second highest revenue and earnings growth ...
4d
Price Over Earnings Overview: NVIDIA
In the current market session, NVIDIA Inc. NVDA stock price is at $143.45, after a 2.56% drop. However, over the past month, the company's stock spiked by 4.69%, and in the past year, by 129.65%.
24/7 Wall St
7d
NVIDIA (NVDA) Price Prediction and Forecast 2025-2030 For January 21
NVIDIA continues to fuel the AI stock rally in 2024. Our analysis shows that may be the case for the foreseeable future.
5h
Missed Out on Nvidia Stock? My Favourite AI Stock to Buy and Hold
The market’s reaction was swift and severe. Investors, spooked by the potential implications of DeepSeek’s innovation, ...
5d
on MSN
Could Nvidia Stock Be Due for a Crash in 2025? Here's What History Says.
It has been 26 years since Nvidia has gone public. The stock has crashed in four of these years. So it's certainly possible ...
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