The NASDAQ-listed company, NVIDIA Corporation (NVDA) is experiencing substantial attention and opportunity in the market, predicted to be worth $990 billion. Despite, China urging its companies to avoid using NVDA's chips, NVDA's stock graph indicates a positive trend for bullish investors. An optimistic Q4 projection and Jim Cramer's strong statement labeling NVDA a $10 trillion stock add to the enthusiasm. However, Appaloosa’s David Tepper shows hesitance about investing in NVDA. NVDA also faces insider selling with director Mark Stevens selling over $20m in company stock. NVDA's partnership with companies like G42 to advance climate technology and NetApp for an AI data vision solution also show the company's efforts towards innovation. NVDA's CEO, Jensen Huang confirmed the production and Q4 shipping of Blackwell chips, projecting a hefty $10b in revenue. Analyst predictions suggest NVDA's revenue and stock may double in the coming years. The corporation is also seen cashing in on the AI boom. However, concerns persist about a potential revenue and demand slowdown next year, as well as growing risks that necessitate caution for shareholders.
Nvidia Corp NVDA News Analytics from Wed, 22 May 2024 07:00:00 GMT to Sun, 29 Sep 2024 22:11:41 GMT -
