The market news shows that Nvidia (NASDAQ:NVDA) is at the forefront of various developments in financial investment and technology. Notably, conjectures about Nvidia's stock split have stirred considerable interest in the market. The tech giant has announced the financial results for the first quarter of fiscal 2025. Additionally, CEO Jensen Huang's personal wealth now exceeds Michael Dell's, and the company's market cap hit $3 trillion. The launch of Nvidia's Blackwell Chip under CEO Jensen Huang is spearheading the next AI technological wave. With the upcoming stock split, investors are debating whether this move may lead to a sustained rally. Analysts' price targets are being adjusted due to the aforementioned stock split. Critically, some investors consider Nvidia overvalued, sparking concerns about a price correction. Speculation is rife as to whether Nvidia could replace Intel in the Dow Index. There are thoughts that Nvidia's rapid growth could threaten Apple's position in the XLK ETF due to its dramatic market cap increase over recent years.
Nvidia Corp NVDA News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Sun, 16 Jun 2024 18:01:06 GMT - Rating 8 - Innovation 9 - Information 8 - Rumor 5
