Latest news with #NVIDIACorp
Yahoo
26-06-2025
- Business
- Yahoo
NVIDIA Corp. (NVDA) Hits New All-Time High as Analyst Raises Price Target by 47%
We recently published . NVIDIA Corporation (NASDAQ:NVDA) is one of the Wednesday's top performers. NVIDIA Corp. saw its share prices rally to a new all-time high on Wednesday after earning a whopping $250 price target from an investment firm. At intraday trading, NVIDIA Corporation (NASDAQ:NVDA) jumped to its highest price of $154.45 before paring gains to end the day at $154.31 after Loop Capital raised its price target by 47 percent to $250 from $170 previously, while maintaining a 'buy' recommendation on its stock. According to Loop Capital, the 'math just works' for NVIDIA Corporation (NASDAQ:NVDA), adding that the market is entering the next golden wave of generative AI. A close-up of a colorful high-end graphics card being plugged in to a gaming computer. Additionally, growth prospects are further supported by an expected higher spending on generative AI by hyperscalers, namely Amazon, Microsoft, and Google, which could hit $2 trillion by 2028. If NVIDIA Corporation (NASDAQ:NVDA) maintains its leadership in supplying AI chips and systems, Loop Capital expects the company to nearly double its market capitalization to $6 trillion from $3.6 trillion currently. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Arabian Post
26-06-2025
- Business
- Arabian Post
Stock market information for NVIDIA Corp
NVIDIA Corp is a equity in the USA market. The price is 154.31 USD currently with a change of 6.45 USD from the previous close. The latest trade time is Thursday, June 26, 17:06:55 +0530. Nvidia Surpasses Microsoft to Reclaim Global Valuation Crown Nvidia has overtaken Microsoft to retake its position as the world's most valuable publicly traded company, with a market capitalisation reaching approximately $3.77 trillion. The chipmaker's stock surged more than 4 per cent to close at a record $154.31, edging past Microsoft's $3.66 trillion and Apple's $3.01 trillion valuations this Wednesday. ADVERTISEMENT The rally was fuelled by upbeat investor sentiment at Nvidia's annual investor meeting, where CEO Jensen Huang highlighted growth avenues in artificial intelligence and robotics—particularly autonomous vehicles driven by the Nvidia Drive platform. In parallel, Loop Capital raised its price target to $250, citing an incoming 'Golden Wave' of generative AI adoption. Investor confidence also appears undeterred by current export restrictions in the US against China, which could cost Nvidia up to $8 billion in revenue in the second quarter. Huang criticised these measures, suggesting they have spurred Chinese competitors to accelerate their own technological development. Nonetheless, his remarks, combined with strong demand in China—which accounted for over $17 billion in revenue last fiscal year, representing 13.1 per cent growth—helped sustain bullish sentiment. The broader semiconductor sector mirrored Nvidia's momentum. Partner companies like Micron delivered robust earnings that signalled continued demand for high-bandwidth memory chips essential to AI workloads, while chipmakers such as Broadcom, Marvell and AMD also recorded gains. Nvidia's ascent is part of a larger trend: its share price has climbed nearly 15 per cent year-to-date, and approximately 80 per cent higher since early April lows, reversing a steep 37 per cent slump in April amid concerns over China and tariffs. Its stock now trades at roughly 30 times forward earnings—below its five‑year average of 40—pointing to comparatively tempered expectations. Market analysts argue that Nvidia's dominance in high‑end AI processors gives it durable pricing power and strong margins. Barclays raised its target to $200 and projected a valuation as high as $4.9 trillion, while Bernstein noted robust AI spending will further propel its momentum despite export limitations. Technical indicators support the bullish case: Nvidia broke through a rising‑wedge pattern; a golden‑cross formation and robust relative strength index readings all point to continued upside, with some predicting a possible move to $205 by late July, provided support holds above the $150 threshold. Nvidia's dominance adds fuel to a broader tech market upswing. The S&P 500 technology segment hit record highs, driven largely by AI-related optimism. Chief clients such as Microsoft, OpenAI, xAI and Meta continue placing increasing orders, reinforcing Nvidia's central role in the global AI hardware ecosystem. The company's trajectory contrasts with Microsoft, whose market capitalisation, though still massive, failed to keep pace amid Nvidia's surge: Microsoft stock was last trading at $492.27 with a market cap near $2.79 trillion. Apple trails further behind at around $3.28 trillion. The dynamic among Nvidia, Microsoft and Apple illustrates a high‑stakes valuation game driven by AI. Nvidia's technical dominance, combined with favourable analytics and supply‑chain signals, supports the thesis that it will retain its lead in the near term. Yet, external factors such as evolving export rules, geopolitical tensions and competitive responses—including efforts by Chinese chipmakers—could pose challenges.
Business Times
24-06-2025
- Business
- Business Times
Jensen Huang starts selling Nvidia stock under US$865 million plan
NVIDIA Corp chief executive officer Jensen Huang has started selling the chipmaker's stock, his first transactions under a plan that allows him to offload up to US$865 million worth by year's end. Huang disposed of 100,000 shares over a two-day period of June 20 and June 23 for US$14.4 million, according to a filing on Monday with the Securities and Exchange Commission. Huang's sales are part of a new 10b5-1 plan adopted in March and disclosed last month in Nvidia's quarterly report. Huang is the world's 12th richest person with a US$126 billion fortune, which is almost entirely made up of Nvidia shares, according to the Bloomberg Billionaires Index. The CEO has sold more than US$1.9 billion in Nvidia stock, according to index calculations. Nvidia didn't immediately respond to a request for comment outside of normal business hours on the sales. Huang's pre-arranged trading plan, common among billionaires and executives who want to cash in some stock without spooking investors, gives him the option to sell 6 million shares by the end of the year. That amount would be valued at US$865 million at Monday's closing price of US$144.17. Another filing on Monday shows Huang plans to sell another 50,000 shares imminently. Billionaire Nvidia board director Mark Stevens has also been selling stock. He disposed of more than 600,000 shares for about US$88 million on June 18, according to a separate filing on Monday. Earlier in June, the investor filed a proposal to dispose of up to 4 million shares of the chipmaker's stock and has so far offloaded more than 2 million. Unlike Huang and other board directors, Stevens doesn't sell under a 10b5-1 plan. Stevens has a net worth of US$9.8 billion, according to Bloomberg's wealth index. BLOOMBERG
Yahoo
13-06-2025
- Business
- Yahoo
Stock Market News for Jun 13, 2025
U.S. stock markets closed higher on Thursday as market participants weighed the outcome of the U.S.-China trade talks. A softer-then-expected key inflation data and a weak labor market data bolstered investors' sentiment. All three major stock indexes ended in positive territory. The Dow Jones Industrial Average (DJI) rose 0.2% or 101.85 points to close at 42,967.62. Notably, 19 components of the 30-stock index ended in positive territory and 11 finished in negative zone. The tech-heavy Nasdaq Composite finished at 19,662.48, advancing 0.2% due to strong performance of technology bigwigs. AI-based semiconductor giants like NVIDIA Corp. NVDA and Broadcom Inc. AVGO rose 1.5% and 1.3%, respectively. Both stocks currently carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The S&P 500 gained 0.3% to finish at 6,045.26. Wall Street's most observed benchmark is currently less than 2% away from its all-time high. Seven out of 11 broad sectors of the broad-market index ended in positive territory while three in negative zone and one remained unchanged. The Utilities Select Sector SPDR (XLU) and the Technology Select Sector SPDR (XLK) rose 1.2% and 0.9%, respectively. On the other hand, the Communication Services Select Sector SPDR (XLE) fell 0.8%. The fear-gauge CBOE Volatility Index (VIX) was up 4.4% to 18.02. A total of 23.5 billion shares were traded on Thursday, higher than the last 20-session average of 18 billion. The S&P 500 recorded 12 new 52-week highs and 3 new 52-week lows. The Nasdaq registered 54 new 52-week highs and 63 new 52-week lows. The United States and China reached an agreement for trade and tariffs in London. U.S. Commerce Secretary Howard Lutnick said 'We have reached a framework to implement the Geneva consensus and the call between the two presidents.' This was echoed by Li Chenggang, China's international trade representative and a vice minister at China's Commerce Ministry. President Donald Trump said that the deal with China is 'done, subject to final approval with President Xi and me.' U.S. was seeking confirmation that China would restore critical mineral (rare earth) exports. Beijing protested against the U.S. Commerce Department's warnings to U.S. chipset manufacturers against using Chinese semiconductors. On May 12, the United States and China have decided to for a 90-day pause of tariff implementations. The Department of Labor reported that initial claims remained flat at 248,000 for the week ended Jun 7, higher-than the consensus estimate of 246,000. Previous week's data was revised marginally upward by 1,000 from 247,000 reported earlier. Continuing claims (those who have already received government aids and reported a week behind) increased 54,000 to 1.956 million. This is the highest level for insured unemployment since Nov 13, 2021. Previous week's data was revised downward by 2,000 to 1.904 million. The Department of Labor reported that the producer price index (PPI) increased 0.1% in May, less-than-the consensus estimate of 0.2%. The metric for April was revised upward to a decline of 0.2% from a drop of 0.5% reported earlier. Year over year, PPI increased 2.6% in May. Core PPI (excluding volatile food and energy items) increased 0.2% in May, less-than-the consensus estimate of 0.3%. The metric for April was revised downward to 0.3% from 0.4% reported earlier. Year over year, core PPI increased 2.7% in May. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio


Globe and Mail
12-06-2025
- Business
- Globe and Mail
The Zacks Analyst Blog Highlights Intel, NVIDIA, Taiwan Semiconductor Manufacturing and Advanced Micro Devices
For Immediate Release Chicago, IL – June 12, 2025 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Intel Corp. INTC, NVIDIA Corp. NVDA, Taiwan Semiconductor Manufacturing Co. Ltd. TSM and Advanced Micro Devices, Inc.'s AMD. Here are highlights from Wednesday's Analyst Blog: Is Intel the Turnaround Stock of 2025 and a Buy Now? Intel Corp. stock plunged 70% post chip foundry venture, yet Lip-Bu Tan's appointment as new CEO and recent 10% stock rise hint at a potential turnaround. Is it a good buy now? Let's see. Intel May Rebound in 2025 for Four Key Reasons Both Intel and NVIDIA Corp. produce graphics processing units (GPUs) that are essential for modern computing, including machine learning and artificial intelligence (AI). However, NVIDIA's CUDA software and Blackwell chips are highly sought after by developers and customers. The superior products from NVIDIA have allowed the company to secure a substantial share in most major AI segments, including data centers (read more: Is NVIDIA's Rise in Value a Sign to Invest in NVDA Stock?). Of course, it's challenging for Intel to compete with NVIDIA, but the former has more room to grow with a market capitalization of under $100 billion compared to NVIDIA's $3 trillion plus. Moreover, Intel's affordable AI accelerators can rival NVIDIA's. Intel is spending billions of dollars on enhancing its AI capabilities and may enter the market with energy-efficient chips. In the last two years, Intel has spent over $50 billion on upgrading its chip-manufacturing facilities. Such staggering infrastructure costs have made investors nervous due to the unprofitable foundry business. Intel's foundry business continues to face tough competition from the likes of Taiwan Semiconductor Manufacturing Co. Ltd., or TSMC, and Samsung. However, TSMC and Samsung located in Southeast Asia, have manufacturing centers in China. The ongoing trade tensions between the United States and China could disrupt their business. In contrast, Intel's chip-making hubs are primarily in the United States, allowing domestic semiconductor companies to send chip orders to these facilities and bypass trade restrictions. Despite losing the top semiconductor title, Intel generated revenues of $12.7 billion in the first quarter of 2025, outpacing arch-rival Advanced Micro Devices, Inc.'s $7.4 billion. This serves as a clear indication that Intel is making strides in the semiconductor industry and is well-positioned for a comeback. Last but not least, Lip-Bu Tan's appointment as the CEO of Intel has been well-received by market pundits, as his stint in the semiconductor industry has been productive. Tan's initiatives to streamline operations, deliver a competitive AI platform, and spin-off assets would restore stability at Intel and help the company return to its past glory. Is Intel Stock Worth Buying Now? With Lip-Bu Tan leading Intel's foundry recovery and AI accelerators gaining ground among competitors through cost advantages, holding onto INTC stock seems judicious. Intel's business revival is becoming more probable, and brokers are showing optimism by increasing the short-term price target for INTC to $22.42 (up 9.5%) from $20.48. The highest target is $62, indicating a potential 202.7% upside. However, Intel's net profit margin is negative at 36.2%, while the Semiconductor - General industries have a margin of 49.5%, suggesting financial instability due to expenses surpassing revenues. Therefore, new entrants, for now, should wait for improved financials before considering INTC stock. Intel has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report