Nvidia Corp NVDA is at the center of diverse speculations due to its upcoming Q2 earnings announcement. Analysts have different views ranging from optimism to uncertainty. High expectations for NVDA's earnings reflect the company's dominance in the AI market, with views suggesting it's the best big tech stock. Reasons for interest in Nvidia corp include its growth potential in AI infrastructure, where it's deemed 'key', and it's touted to reset the AI narrative. There are concerns raised by the statements of Jim Cramer, however, hinting perceivable issues with NVDA. Despite potential short-term downsides, NVDA has had an impressive run, with the stock having surged by 255% in 2024, and 345% thanks to the AI boom. Jensen Huang, NVDA's CEO, has been selling stock consistently causing speculations about his successor. Notwithstanding, bullish predictions indicate the stock could go up to $160, potentially quadruple returns, and herald Nvidia as leading the path to $10 trillion. However, amidst the high expectations, some analysts advise caution ahead of earnings results, while others insist that Nvidia still has an upside.
Nvidia Corp NVDA News Analytics from Wed, 22 May 2024 07:00:00 GMT to Sun, 25 Aug 2024 13:31:57 GMT -
Rating 1
- Innovation 8
- Information 9
- Rumor -2
