Reported about 12 hours ago
Nvidia's stock is gaining momentum as it approaches the release of its fourth-quarter results, driven by growing demand from Chinese customers for its AI processors. The share price increased by 4.6%, differing notably from market averages. Analysts anticipate non-GAAP earnings of $0.85 per share on approximately $38 billion in revenue. Despite the recent market fluctuations, Nvidia appears to be a strong long-term investment, with promising opportunities in AI hardware, services, and software. However, prospective investors should note that Nvidia was not listed among a top analyst's current recommendations.
Source: YAHOO