Nvidia stock

Nvidia (NVDA) AI is basically the only high-end artificial intelligence platform.

[Coterra Energy](/quotes/CTRA/) (CTRA) and [Pioneer Natural Resources](/quotes/PXD/) (PXD) deliver quarters that [surprised to the upside](https://www.cnbc.com/2023/02/22/coterra-pioneer-deliver-earnings-beats-even-as-dividends-are-lower.html), pushing their stocks higher. [Dow](/quotes/.DJI/) and the [S&P 500](/quotes/.SPX/) look to break their respective two-session and four-session losing streaks. A higher [Nasdaq](/quotes/.SPX/) close would be a back-to-back gain after a three-day losing run. [Wells Fargo](/quotes/WFC/) (WFC) did Wednesday night. [Better-than-expected quarter and guidance](https://www.cnbc.com/2023/02/22/nvidia-pops-after-strong-quarter-guidance-showing-why-the-stock-still-has-long-term-promise.html). Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. The stock up 6%. Just not enough earnings power here but going for growth. [Nvidia](/quotes/NVDA/) (NVDA) AI is basically the only high-end artificial intelligence platform. I swear they're allowed to make up whatever number they want as profits were caused by cost cuts. [Sign up for my Top 10 Morning Thoughts on the market email newsletter for free](https://www.cnbc.com/investingclub/) Guidance provided by Coterra and Pioneer echoed that of [Devon Energy](/quotes/DVN/) (DVN): softer production but higher capital expenditures in 2023.

Nvidia shares moved sharply up after the chipmaker's top and bottom line beat prompted a slew of bullish analyst calls.

And in an about-face, Goldman Sachs' Toshiya Hari upgraded Nvidia to a buy rating and set a $275 price target. Analysts responded positively both to Nvidia's results and to growth in its data center business, with a slew of reiterated or upgraded ratings coming after the report. OpenAI's ChatGPT has captured interest worldwide, allowing people to experience AI firsthand, showing what's possible with generative AI," CEO Jensen Huang said on a Wednesday call with analysts. Analysts are also [bullish on the company's](https://www.cnbc.com/2023/02/23/ai-is-the-next-big-growth-opportunity-for-nvidia-wall-street-says.html) AI vision. "AI adoption is at an inflection point. It forecast $6.5 billion in sales for the upcoming quarter.

Nvidia stock skyrocketed Thursday after the Silicon Valley chipmaker smashed on earnings and boasted about its ability to cash in on the artificial intelligence ...

Though the entire industry has boomed in recent years given its importance in advanced computing, Nvidia has been a Wall Street favorite given its robust AI business and as U.S. Nvidia is the largest chipmaker in the world by market cap, with a valuation of nearly $600 billion. Huang’s net worth surged by almost $3 billion Thursday thanks to the stock surge. Shares of the California-based technology giant are up 65% year-to-date, placing it among 2023’s top-performing stocks listed on the S&P 500, though Nvidia is still down nearly 30%from its November 2021 peak. The Nvidia cofounder’s $22 billion fortune is the 69th-largest in the world, according to Forbes’ [according](https://omdia.tech.informa.com/OM025281/Omdia-Market-Radar-AI-Processors-for-Cloud-and-Enterprise-Data-Centers--2022) to a survey of the market in 2020 by technology research firm Omdia.

Stocks Analysis by Shane Neagle covering: Microsoft Corporation, Oracle Corporation, Alphabet Inc Class A, NVIDIA Corporation. Read Shane Neagle's latest ...

Nvidia shares soared on Thursday after the chipmaker’s Q4 results and revenue guidance proved to be better-than-feared despite a slowdown in PC demand. The company wants to help its customers “take advantage of breakthroughs in generative AI and large language models. Huang said the company wants to establish an infrastructure that would place AI in reach of all enterprise customers. Analysts believe that Nvidia’s high-end graphics processors are well-equipped to train and operate machine learning (ML) software. Nvidia’s CFO Colette Kress said the YoY drop came due to an inventory correction, noting that its gaming business has now started to recover, especially in China. The company’s professional visualization division generated $226 million in revenue, down 65% YoY, while automotive revenue grew 135% from last year to $294 million. Nvidia’s sales skyrocketed during the pandemic as gamers invested in new graphics cards, though that growth saw a notable slowdown in the past year. Revenue came in at $6.05 billion, above the consensus projection of $6.00 billion. Additionally, the company also sold fewer chips for gaming consoles during the period, such as the one powering Nintendo’s Switch devices. But despite year-over-year (YoY) declines, investors viewed Nvidia as one of the well-positioned chip stocks to weather the ongoing economic downturn that continues to weigh on PC and chip sales. The tech giant reported gaming revenue of $1.83 billion in Q4, down 46% YoY. [Saved Items](/members-admin/saved-items)

Maker of gaming chips, held by 361 funds, boosts BOTZ, USD and others.

“We’re seeing accelerated interest in the versatility and capabilities of generative AI.” 21, the software giant announced that the two corporations agreed to a decade-long union to bring its “Call of Duty” and other Activision games to NVDA’s platform, subject to regulatory approvals. The largest holder, the [ Invesco QQQ Trust (QQQ)](http://etf.com/qqq), with approximately 32.1 million shares, gained about 1% today. The [ Global X Robotics & Artificial Intelligence ETF (BOTZ)](http://etf.com/botz), which invests in AI companies and whose top holding is Nvidia, at 9.6%, rose 2.1%. Jensen recently called ChatGPT the “iPhone moment” for AI. [361 ETFs](https://www.etf.com/stock/NVDA), the fifth most-widely held stock, according to ETF.com data.

Nvidia announced new artificial intelligence offerings during its fourth-quarter earnings release. · These new cloud AI services could boost the growth of ...

The incredible popularity of ChatGPT and other innovative AI apps is creating a surge in demand for the chips that power them. These AI-as-a-service offerings will enable customers to more easily access Nvidia's AI supercomputer, software, and generative AI models. A sharp decline in gaming-related sales, which have slowed in recent quarters after experiencing torrid growth earlier in the pandemic, weighed on the

Nvidia (NVDA) shares soared more than 14% on Thursday as the semiconductor giant posted stronger-than-expected fourth-quarter results and guidance, ...

"Looking ahead, ... [NVDA](https://seekingalpha.com/symbol/NVDA)), wrote in a note to clients. Analysts expect the company to report $6.35B in sales.