Nvidia Corp (NVDA) has been a topic of significant discussion, with contrasting views on its potential returns, market value, and status as an AI stock. Financial expert,
Jim Cramer, expressed that the company has potential for quadruple returns, but later remarked Nvidia has become a 'wasteland' with declines. However,
AI growth is still a crucial determinant for Nvidia's market performance with Jefferies expecting a strong Q2 beat for the company amid
Blackwell delays. Views on buying Nvidia stock were mixed. While some believe the AI boom isn't over yet, indicating a good time to buy, others advise against it. An impressive 20% weekly gain by the company raised debates on whether it was time to buy or sell. Analysts considered Nvidia to be the top beaten-down AI stock to buy now. A massive AI demand forecast from
CEO Jensen Huang was anticipated to be a 'drop the mic' moment. However, others fear Nvidia's stock has triggered a sell signal. Insider trading was observed with CEO
Jen-Hsun Huang selling over $24 million in company stock. Nvidia's role in AI-related businesses was lauded with a new $25 billion opportunity predicted.
Nvidia Corp NVDA News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Sun, 18 Aug 2024 16:45:50 GMT -
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