The Latest Breaking News from NVDA

Despite concerns about margins and guidance, Wall Street is mostly convinced the 'AI revolution' is just getting started, and Nvidia remains a buy.

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Nvidia stock gained ground ahead of tomorrow's after-the-close earnings event, while Super Micro Computer got hit by a short seller report.

With the tech juggernaut set to release its fiscal Q2 earnings report soon, speculation runs hot about where NVDA stock may head next.

Chip stocks such as Advanced Micro Devices and Nvidia continue to drive the adoption of AI technologies, making them an exciting investment option in 2024.

Nvidia is set to announce its Q2 2024 earnings, and investors are watching closely to see if the AI chip leader can maintain its edge amid supply chain issues and competition. With its strong financial performance and positive analyst sentiment, Nvidia appears well-positioned for continued growth.

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As Nvidia gears up to unveil its Q2 earnings report, analysts are raising the stakes for the chip stock.

Nvidia stock has risen sharply from its August lows amid optimism that it will deliver stellar earnings for fiscal Q2. While Wall Street analysts are getting bullish on NVDA ahead of the report, the recent rise means that the margin of safety is quite low heading into the confessional.