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The Fed spurred a big rally in Nvidia and other chip stocks. Is it sustainable?

Fed commentary could give a further shot in the arm to AI names that have been market leaders, but the broader semiconductor sector still faces challenges and skepticism.

Forbes on MSN · 19h

Biggest Rate Cut Stock Winners: Apple, Nvidia Rally $250 Billion, Other Rate-Sensitive Names Rake It In

A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500’s biggest gainer Thursday.

AOL · 19h

Nvidia, AMD stocks lead tech rally after Fed rate cut

AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, 50 basis point interest rate cut.

Nvidia, Artificial Intelligence

The Motley Fool · 6h

Meet the New Stock-Split Stock That Outperformed Nvidia in the First Half and Wall Street Thinks Could Almost Double

And this stock is Super Micro Computer ( SMCI 0.07%), a company that saw its stock price soar 188% in the first half, surpassing Nvidia's 149% increase. Though individual forecasts vary, the average Wall Street estimate calls for the stock to climb 90% from today's level.

AOL · 3h

Forget Nvidia: 1 Artificial Intelligence (AI) Stock to Buy Instead

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

Opinion

MarketWatch on MSN · 2d

Nvidia’s stock has room to run — but analysts see more upside for 6 other chip makers

The semiconductor space has been an important driver for the stock market, helped especially by Nvidia Corp.’s dramatic sales growth — the company’s most recent quarterly revenue was 4.5 times as high as it was two years earlier.

G42, Nvidia

Bloomberg L.P. · 11h

Nvidia Teams Up With AI Firm G42 to Create Climate Tech Lab

Nvidia Corp. is teaming up with Abu Dhabi-based G42 to create a climate technology lab, marking its first partnership with the United Arab Emirates’ top artificial intelligence firm.

Reuters on MSN · 8h

UAE's AI firm G42 and Nvidia to team up on climate tech

United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate tech, G42 said on Friday, ahead of the first-ever visit to the White House by a president of the UAE next week.

Seeking Alpha on MSN · 5h

Nvidia, G42 team to develop AI solutions for weather forecasting, climate tech

Nvidia (NASDAQ:NVDA) is collaborating with United Arab Emirates-based AI company G42 to advance climate technology, with a focus on developing AI solutions aimed at boosting accuracy of weather forecasting globally.

Prediction: Nvidia Stock Is Going to Soar in the Remainder of 2024

Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ...

ExtremeTech3h

Report: Nvidia to Cease Production of the Vaunted RTX 4090 GPU

Nothing has been confirmed regarding the demise of the RTX 4090, but since Nvidia will likely announce Blackwell GeForce at ...

winbuzzer.com1h

Nvidia’s AI Aerial Platform for AI-RAN Targets Network Efficiency

Partnering with telecom companies, Nvidia is developing AI-based solutions to handle the growing demands of AI-powered ...

24/7 Wall St42m

NVIDIA (NVDA) Price Prediction and Forecast

NVIDIA continues to fuel the AI stock rally in 2024. Our analysis shows that may be the case for the foreseeable future.

Nvidia's CEO Sold Over $700 Million in Stock. Should You Follow Suit?

Nvidia (NASDAQ: NVDA) CEO and founder Jensen Huang has been consistently selling some of his shares for months now. Even ...

2don MSN

All About Nvidia Chips, AI Hype and What Lies Ahead

The blistering stock rally that’s made Nvidia Corp. one of the world’s three most valuable companies is based on a number of ...

3hon MSN

AI chip industry leader Nvidia’s high market share draws federal prosecutors’ scrutiny

The Department of Justice has contacted Nvidia relating to the company’s more than 80% market share of the burgeoning AI chip ...

34mon MSN

Nvidia Stock Slips. It’s Still Riding Huge Gains.

The chip maker's shares have tended to pop after the Federal Reserve cuts interest rates, judging by data stretching back to ...

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