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Nvidia's stock closed at a record high of $149.43 on Monday, bringing its valuation to $3.66 trillion and making it the world's second-most valuable listed company behind Apple.
At its low of around $830 midway through Tuesday's session, the stock was down 12.6% from its March 25 high. It has since recovered a bit to $900 but is still off by 5% from the highs.
The market appears optimistic, with AI chip leader Nvidia (NASDAQ: NVDA) trading at 34 times forward earnings estimates and challenger Advanced Micro Devices (NASDAQ: AMD) trading at 30 times.
Nvidia GTC (GPU Technology Conference) is a global artificial intelligence (AI) conference for developers that brings together developers, engineers, researchers, inventors, and IT professionals. [1] Topics focus on AI, computer graphics , data science , machine learning and autonomous machines .
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Nvidia stock tumbled more than 6% Tuesday, a day after shares closed at a record high in anticipation of CEO Jensen Huang’s keynote at the tech industry’s annual CES trade show in Las Vegas. ...
Nvidia reported earnings that saw revenue and EPS come in stronger than Wall Street forecasts, though the stock fell 2% amid sky-high expectations. ... -quarter revenue of $35.08 billion — a 94% ...
The market liked the graphics chip specialist's big acquisition news. ... 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Business;