Nvidia Corporation (NVDA) saw robust demand driving its growth in Q4. A potential rivalry is hinted as Alphabet ventures into AI Chip business, putting NVDA stock on alert. Many analysts continue to rate NVDA positively amidst trading at 2.6% higher. The corporation is further speculated to be the most attractive Big Tech stock for investment. The firm's association with JP Morgan who reaffirmed an Overweight rating on them, citing positive outlook towards AI-driven growth uplifts its position. Notably, analysts are recalibrating Nvidia's stock price target ahead of earnings, citing potential 6-month low trend. The stock witnessed an increase with Alphabet's AI investment boosting semi-conductor sector. An interesting revelation was Amazon's partnership and $105B spending plan which set a bullish tone for Nvidia stock. Nevertheless, some analysts warn about Nvidia's potential threats like DeepSeek. Share gains by Amgen, Nvidia played a key role in Dow's climb. Expectations are also high about Nvidia dominating the AI market with potential breakthroughs from DeepSeek. However, investors are urged to be cautious as Nvidia continues to negotiate the uncertainty around DeepSeek's impact while riding on AI's future growth potential.
Nvidia Corp NVDA News Analytics from Wed, 20 Nov 2024 08:00:00 GMT to Sat, 08 Feb 2025 12:51:48 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor 4
