Nvidia: Another Strong Report Could Propel AI Titan Above the $1,000 Barrier

Stocks Analysis by Investing.com (Damian Nowiszewski) covering: NVIDIA Corporation. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com

Nvidia stock's correction seems to be coming to an end ahead of earnings later this month.The coming revenue and profit growth could be fueled by the projected growth of the entire AI-powered GPU industry.

This optimism stems from factors like projected $110 billion in revenue by 2025 and anticipated 8% annual profit growth between 2025 and 2027. Further fueling the bullish sentiment is the projected growth of the entire AI-powered GPU industry to a staggering $800 billion by 2032.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silver Bulls in Charge With Eyes on $30+ Levels Ahead of CPICommodities Analysis by Investing.com (Damian Nowiszewski) covering: XAG/USD, Silver Futures. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

Johnson & Johnson Sells Off Ahead of Earnings: Time to Cut Losses or Double Down?Stocks Analysis by Investing.com (Damian Nowiszewski) covering: Johnson & Johnson, Netflix Inc, ABIOMED Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

S&P 500, Nasdaq 100 Attempt Bounce Off of Resistances: Key Levels to WatchStocks Analysis by Investing.com (Damian Nowiszewski) covering: Nasdaq 100, S&P 500. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

GBP/USD Vulnerable to Further Declines: How to Play the DowntrendForex Analysis by Investing.com (Damian Nowiszewski) covering: GBP/USD. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

Netflix Earnings Preview: Password Crackdown, Ad Revenue to Drive Continued GainsStocks Analysis by Investing.com (Damian Nowiszewski) covering: Netflix Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

S&P 500, Nasdaq 100: Time to Buy the Dip? Watch These Support Levels for CluesStocks Analysis by Investing.com (Damian Nowiszewski) covering: Nasdaq 100, S&P 500. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »