Investors are captivated by the rapid rise of AI chip maker NVIDIA, surpassing Microsoft to become the most valuable company in the world. The surge in NVIDIA’s stock price, reminiscent of the dot-com era, has raised concerns about a potential bubble in the market as billions are poured into AI-related ventures. Despite the high P/E … Read more
NVIDIA has been making headlines lately as the world’s largest company by market capitalization, valued at over $3.34 trillion. Investors are bullish on the company due to its significant investments in artificial intelligence (AI) and its dominant position in the market. However, one key player that drives NVIDIA is Taiwan Semiconductor (TSMC), a leading semiconductor … Read more
Semiconductor giant Broadcom is aggressively pursuing a share of the lucrative AI chip market, following Nvidia’s lead. With a strong focus on AI and chip research, the company aims to generate $11 billion in revenue from its AI connected chip business by fiscal 2024. Morningstar analysts and Wall Street share the view that Broadcom is … Read more
Nvidia has had strong earnings this year, driving the stock market to all-time highs. However, the market’s rebound appears to be uneven, with most gains concentrated in mega-cap tech stocks like the Magnificent Seven. Nvidia’s shares have surged 164% this year, making it the world’s largest public company at one point. The chipmaker’s success is … Read more
The Nasdaq Composite and the S&P 500 are both seeing declines from their record highs in anticipation of a volatile trading day on Wall Street. Today’s session will feature a triple witching event, where options tied to indexes, stocks, and ETFs will all expire simultaneously. Nvidia is looking to reclaim its position as the most … Read more
Following a recent stock split, NVIDIA (NASDAQ: NVDA) shares are now trading at around $135, down significantly from over $1,200 before the split. Stock splits are meant to make shares more accessible to a wider range of investors by reducing the price of each share. This move can also help break psychological barriers for some … Read more
Nvidia’s recent stock split has made its shares more accessible to a wider range of potential buyers, with the stock now trading around $135 compared to over $1,200 before the split. Despite appearing more reasonably priced post-split, the stock is actually trading at a higher valuation of 50x future earnings estimates, up from about 30x … Read more
is abuzz following Nvidia’s recent reversal in its long-standing deal to acquire Arm Holdings. This development has sent shockwaves through the tech industry and has significant implications for investors. As a professional journalist covering this sector, it is important to provide a concise summary of what investors should keep in mind as they navigate this … Read more
Asian stocks mostly declined on Friday following a decrease on Wall Street that was driven by a drop in Nvidia shares. Japan’s Nikkei 225 ended relatively unchanged after a government report showed a slight increase in inflation. Australia’s S&P/ASX 200 rose slightly, while South Korea’s Kospi experienced a small decline. In Hong Kong, the Hang … Read more
Broadcom, a hot semiconductor stock, has decided to follow in Nvidia’s footsteps by splitting its shares in a 10-to-1 ratio. This move, set to take effect on July 15, has garnered attention from investors. While the stock has already risen over 60% in 2024, the split may open doors for more investors to afford shares … Read more