Nvidia's AI-powered rise to a $4 trillion market cap
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Nvidia ( NVDA 1.80%) remains one of the best artificial intelligence (AI) stocks on the market. But with the chipmaker now trading at a price-to-sales multiple of 26.4, many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced.
Nvidia became the first company to touch US$4 trillion (RM17 trillion) in market value on yesterday, a new milestone in Wall Street’s bet that
The sustaining growth of the company’s AI revenue and cloud platform Azure are not fully priced into the stock, Oppenheimer analysts said.
Yet several prominent hedge fund managers sold Nvidia during the first quarter and added shares of Palantir Technologies ( PLTR 3.54%), a stock that has returned 2,000% since January 2023.
NVIDIA Corporation (NASDAQ:NVDA) is one of the Top 10 AI Stocks in the Spotlight. On July 7, Citi reiterated the stock as “Buy” and raised its price target on the stock to $190 per share from
This artificial intelligence player posted a 400% gain in revenue in the recent quarter. This company has close ties to AI giant Nvidia. You may think of names like Nvidia or Amazon, with market values of $3.
Just about every big tech company in the world is in a race to build more computing capacity than anyone else in order to meet the demands for large language model training and AI