The Latest Breaking News on Top analyst says Nvidia stock has room to go even higher in 2024

Whether you're looking for high-powered AI growth potential or reliable dividend income, there's no shortage of reasons to add outperforming MSFT shares to your portfolio at current levels.

When it comes to AI chips, Nvidia is dominant and the clear winner. But it does NOT do one thing - actually make AI chips. For that, Nvidia is almost entirely dependent on one company, Taiwan Semiconductor. That's great news for TSM.

September S&P 500 futures (ESU23) are trending up +0.06% this morning as market participants looked ahead to a reading on the Federal Reserve’s preferred inflation gauge.

Nvidia (NVDA ) soared to a record high last Thursday after reporting blowout earnings for its fiscal second quarter and forecasting Q3 sales of $16 billion, well ahead of estimates of $12.5 billion. The outlook underscores Nvidia’s role as the key beneficiary of the artificial intelligence (AI) craze. Data center...

Nvidia stock has more than tripled in 2023, and the rally seems far from over, with Rosenblatt predicting the shares will reach $1,100 over the next year.

Here's what you need to know about Wall Street's expectations for Microchip Technology, Advanced Micro Devices, and Wolfspeed after a challenging month for semiconductor stocks.

U.S. stock markets have pulled back in August on rising bond yields, which are negative for growth stocks in particular. However, SoFi and Nvidia look like two solid picks worth buying at these prices.

All three main benchmarks opened solidly higher Thursday, but ended the session with notable losses.

"Nvidia's valuation is ridiculous," says analyst David Trainer. "People should not be chasing this stock before it drops by around 80% to below $100."