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At today's prices, if Nvidia hits all of the targets analysts have set, it will trade for 33 times earnings at the end of FY 2026. In other words, it will trade for 33 times 2026 projected earnings .
Nvidia shares, which shed almost 17% on Monday to shave nearly $600 billion of its market value for the biggest one-day drop ever for a U.S. company, was up 2/17% at 1037 AM ET. Broadcom gained 1.2%.
Nvidia issued a statement on Monday after its shares tumbled 17% to $118.58 on investor concerns that DeepSeek had matched rivals such as OpenAI using far fewer Nvidia chips than U.S. firms.
So, the news that TSMC's monthly sales increased an impressive 58% year over year in December 2024 bodes well for Nvidia since it represented a big jump versus the year-over-year increase of 34% ...
Nvidia stock closed at a record high on Monday as Wall Street analysts held firm on their bullish positions on the stock ahead of its earnings report in November.Shares of the leading AI chipmaker ...
U.S. stocks closed higher as investors digested a slew of corporate earnings reports, including some from the so-called Magnificent 7. The broad S&P 500 index closed up 0.51%, or 31.86 points, to ...
Market darling Nvidia's stock fell into correction territory, defined as a 10% decline from a recent high. At its low of around $830 midway through Tuesday's session, the stock was down 12.6% from ...
Complicating matters further was a report Tuesday from Bloomberg News that the Justice Department had begun looking into antitrust issues surrounding Nvidia, which is estimated to maintain at ...