Nasdaq NVDA Nvidia

Investors in NVIDIA Corp (Symbol: NVDA) saw new options become available today, for the May 6th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NVDA options chain for the new May 6th contracts and identified one put and one call contrac

Technology stocks on Thursday lifted Wall Street's main indexes from a sharp fall in the previous session, while investors closely tracked a meeting of Western leaders as the Ukraine crisis enters its second month.

In early trading on Thursday, shares of Intel topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.9%. Year to date, Intel has lost about 3.6% of its value.

Nvidia (NVDA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Nvidia's (NASDAQ: NVDA) engine of innovation is running in high gear. It's difficult to concisely summarize all of the new products and services announced at the tech company's annual spring GPU Technology Conference (GTC) that kicked off on March 21. But Nvidia's powerful new ch

When it comes to blockbuster returns, cryptocurrencies have spent the last two years dropping the jaws of even the most experienced investors. But perhaps none were as shocking as Shiba Inu (CRYPTO: SHIB), which between Jan. 1, 2021, and Dec. 31, 2021, gained a whopping 43,800,00

NVIDIA Corporation stock (NASDAQ: NVDA) is up almost 15% in the past month (21 trading days), outperforming the S&P 500 which was up a little more than 3% over this period. If you look at the change over the last five and ten days, too, the stock has risen 18% and 26%, outp

Nvidia’s (NVDA) latest Investor Day amounted to a celebration of artificial intelligence (AI). And according to CEO Jensen Huang, every industry will be transformed by the tech, which by the looks of it, is good news for the chip giant.

The company announced several new hardware products, ranging from CPUs (Grace Superchip), Networking (Spectrum-4 ethernet platform) and Systems (DGX H100). But the most eye-catching of all was the unveiling of the next-gen H100 Data Center GPU which is based on NVDA’s Hopper architecture.  

For AI use cases, Nvidia's GPUs are already the dominant force in the market and the latest release should further cement its leading position. According to the company, the H100 can help cut the time it takes to train AI models from weeks to days in some cases.

The company’s new "Eos" supercomputer will also be constructed utilizing the H100. When it starts operating later in 2022, Nvidia claims it will be the world's fastest AI system.

Perhaps even more enlightening, says Deutsche Bank’s Ross Seymore, were the software announcements. These included new and upgraded AI software tools for speech recognition and translation, smart recommendations and AI enhanced audio and video, amongst others. The company also detailed its growth drivers (Nvidia AI, Omniverse), and said the long-term TAM for the software segment stands at ~$300 billion.

That forms part of what Nvidia believes is a total SAM (service addressable market) of $1 trillion. While Seymore says $1 trillion may “prove optimistic,” the 5-star analyst thinks NVDA is uniquely “suited to benefit from the growth of AI in hardware and potentially software.”

“However,” Seymore went on to say, “from an investor perspective, we believe much of this future growth potential is already captured in NVDA’s premium multiple.”

As such, given the “valuation premium,” the fact no F1Q guidance updates were provided and the shares’ recent strong run, Seymore sticks with a Hold rating and $285 price target. (To watch Seymore’s track record, click here)

However, most of Seymore’s colleagues disagree. 4 other analysts join Seymore on the sidelines but with 18 additional Buys, the stock boasts a Strong Buy consensus rating. Going by the $349.05 average target, shares are anticipated to rise by 36% over the coming months. (See Nvidia stock forecast on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

What happened Shares of power module specialist Vicor (NASDAQ: VICR) went dark on Wednesday afternoon, trading 21.4% lower as of 3:40 p.m. ET. Analyst firm CJS Securities downgraded the stock from market outperform to market perform. The analyst cited pictures showing a new artif

Nvidia Corp is interested in exploring Intel Corp as a foundry for making its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday.

What happened Since kicking off its virtual Graphics Technology Conference 2022 (GTC 2022) on Monday, Nvidia (NASDAQ: NVDA) has published (by my count) about 15 separate press releases, touting, among other things:

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $1.4 billion dollar inflow -- that's a 0.7% increase week over week in outstanding u

Battered technology and growth shares have shrugged off rising bond yields to drive a rebound in world stocks as some investors view them as a hedge to inflation against the backdrop of supply-chain snarls and an intensifying war in Ukraine.

Advanced Micro Devices (NASDAQ: AMD) was once considered a struggling underdog in the semiconductor market. But over the past eight years, AMD became a formidable chipmaker again under Lisa Su, who succeeded Rory Read as the company's CEO in Oct. 2014.

NVIDIA Corporation NVDA is boosting its initiatives to empower artificial intelligence (AI) technology for building autonomous vehicles or AVs. At its ongoing virtual GPU Technology Conference (GTC) 2022, the company revealed that it started the production of its highly a

Today, it takes a market cap of just over $550 billion to earn a spot on the top 10 list. And this is likely to rise in the future. If the stock market averages 9% annualized returns between now and 2035, that implies that the 10 largest companies will have market caps of about $

Designed to provide broad exposure to the Technology ETFs category of the market, the SPDR NYSE Technology ETF (XNTK) is a smart beta exchange traded fund launched on 09/25/2000.

Stock Market Futures Falter After Hawkish Remarks From Federal Reserve U.S. stock futures are edging lower at the mid-week point in the current trading week. This seems to be the case even after Federal Reserve chair Jerome Powell provided greater insight into the Fed’

Nvidia Corp on Tuesday announced several new chips and technologies that it said will boost the computing speed of increasingly complicated artificial intelligence algorithms, stepping up competition against rival chipmakers vying for lucrative data center business.

What happened Early this morning, Reuters reported that cloud-based cybersecurity company Okta (NASDAQ: OKTA) was hacked by the now-infamous Lapsus ransomware group (aka "LAPSUS$" aka "LAPSU$"). Okta investors are understandably upset, and shares of the company's stock are down 4