What happened
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is losing a bit of ground in Thursday's trading. The semiconductor fabrication leader's share price is down 1.2% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence.
Fintel reports that on August 24, 2023, Benchmark maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Baird maintained coverage of NVIDIA (NASDAQ:NVDA) with a Outperform recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Wedbush maintained coverage of NVIDIA (NASDAQ:NVDA) with a Outperform recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, UBS maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 8.24% Upside
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, NVIDIA is now the #27 analyst pick, moving up by 1 spot.
The S&P 500 and the Nasdaq gained at open on Thursday after a stellar forecast from Nvidia boosted investor confidence in an artificial intelligence (AI) boom and lifted shares of major technology and growth stocks.
Investors have been excited about the prospects for artificial intelligence all year, and no company has cashed in more on the AI trend than Nvidia (NASDAQ: NVDA). Investors had been looking forward to the semiconductor chip maker's fiscal second-quarter financial report for mont
The S&P 500 and the Nasdaq were set to open higher on Thursday after a stellar forecast from Nvidia boosted investor confidence in an artificial intelligence (AI) boom and lifted shares of major technology and growth stocks.
Technology stocks were rallying pre-bell Thursday as the Technology Select Sector SPDR Fund (XLK) was 1.1% higher and the SPDR S&P Semiconductor ETF (XSD) was recently climbing by 1.2%.
Fintel reports that on August 24, 2023, Mizuho maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Exane BNP Paribas upgraded their outlook for NVIDIA (NASDAQ:NVDA) from Neutral to Outperform . Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Raymond James maintained coverage of NVIDIA (NASDAQ:NVDA) with a Strong Buy recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Wolfe Research maintained coverage of NVIDIA (NASDAQ:NVDA) with a Outperform recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Citigroup maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Barclays maintained coverage of NVIDIA (NASDAQ:NVDA) with a Overweight recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Keybanc maintained coverage of NVIDIA (NASDAQ:NVDA) with a Overweight recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Morgan Stanley maintained coverage of NVIDIA (NASDAQ:NVDA) with a Overweight recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, BMO Capital maintained coverage of NVIDIA (NASDAQ:NVDA) with a Outperform recommendation. Analyst Price Forecast Suggests 8.24% Upside
Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.41% at a 1-week high, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.92% at a 2-week high. Stock indexes this morning are moderately higher as technology stocks rally after Nvidia delivered a third-straight sales...