A.I. investments will keep Nvidia ahead of its semiconductor rivals, Stifel says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Nvidia has been on a tear this year with an 113% gain.

Investor excitement over the explosion of AI thanks to the success of ChatGPT seemingly lifted Nvidia to the forefront.

mountain Nvidia stock. "NVDA remains the best-positioned component/ systems company to benefit from the AI investment cycle in the medium term, in our view," Stifel analyst Ruben Roy said. The firm is also raising its forward guidance estimates. Roy posits revenue will grow to $37.8 billion for the full-year in 2025 while earnings climb to $6.18 per share.

Source: Tech Daily Report (techdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. 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.

Jokic leads Denver Nuggets past LeBron's Lakers 113-111, into their first NBA FinalsThe Denver Nuggets advanced to the NBA Finals for the first time in team history Monday night, sweeping the Western Conference finals over the Los Angeles Lakers.
Source: fox13 - 🏆 550. / 51 Read more »

Nuggets Beat Lakers 113-111, Advance To Finals For First Time In Franchise HistoryNuggets Beat Lakers 113-111, Advance To Finals For First Time In Franchise History - RealGM Wiretap
Source: RealGM - 🏆 580. / 51 Read more »

Lakers' season ends with 113-111 loss to Nuggets in Game 4 of conference finalsThe Lakers have been eliminated from the playoffs after a 113-111 loss to the Denver Nuggets in Game 4 of the Western Conference Finals.
Source: ABC7 - 🏆 67. / 68 Read more »

Parade of retailers to face inflation doubts while Nvidia and Zoom answer questions about techLast week, retailers Walmart and Target provided broad strokes on how rising prices for essentials have reshaped consumer habits. Now come the finer points.
Source: MarketWatch - 🏆 3. / 97 Read more »

Nvidia chips away at Intel, AMD turf in supercomputersNvidia Corp on Monday said it has worked with the U.K.'s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel Corp and Advanced Micro Devices Inc .
Source: Reuters - 🏆 2. / 97 Read more »

Nikola Jokic carries Nuggets across finish line in series-clinching win against LakersThe two-time league MVP adds Western Conference finals MVP to his trophy case with a 30-point triple-double and several clutch fourth-quarter shots in the 113-111 victory.
Source: ladailynews - 🏆 332. / 59 Read more »