Reported about 1 month ago
Nvidia's stock has seen significant growth due to increased demand for its AI-related products, despite a recent drop after a solid earnings report. The company forecasts a strong revenue for the upcoming quarter, though analysts are concerned about slowing growth rates. Current evaluations suggest that Nvidia may be undervalued compared to competitors, with Wall Street maintaining a favorable 'buy' rating amid expectations of future industry growth driven by AI advancements.
Source: YAHOO