Is Nvidia Stock a Buy Ahead of Earnings on August 28?

Reported 2 months ago

As Nvidia prepares to release its quarterly earnings, investors are weighing whether to buy the stock, which has seen a significant increase in value due to strong demand for its AI-capable GPUs. Despite a pullback in price recently, indicators such as robust sales from competitors and historical stock split performance suggest potential for further gains. Analysts predict strong revenue numbers, backed by the continued growth of AI adoption, positioning Nvidia favorably in the long-term market.

Source: YAHOO

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