So far this year, its stock price shows no sign of stopping, driven by its outsized role in the AI chipmaking market. Roughly 70% of all chips are sold by Nvidia, outpacing key competitor AMD by a landslide. The company’s Q4 revenues topped $22 billion, setting another historical rec...
Nvidia stock climbed more than 1% to 120.38 in late trades. The shares rose 1.6% to close at 118.85. In a related development, OpenAI announced that it has raised $6.6 billion in new funding ata $157 billion valuation. Among the investors was Nvidia, CNBC reported. An Nvidia spokesper...
Wedbush Securities analyst Matt Bryson on Friday reiterated his outperform rating on Nvidia stock with a 12-month price target of 640. In a note to clients, Bryson said he expects Nvidia to post strong first-quarter results driven by sales of graphics processors for PCs. "Our t...
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