Reported about 2 months ago
Nvidia, a leading AI chip manufacturer, is generating significant interest ahead of its upcoming earnings report on August 28. With a remarkable 170% stock price increase over the past year and 3,000% over the last five years, the company has captivated investors. Although there are concerns regarding shipment delays for its new AI chip Blackwell, analysts remain optimistic about Nvidia's market performance due to strong demand signals from its customers and partners. A strong quarterly performance could potentially double Nvidia's market cap by year-end.
Source: YAHOO