Bernstein’s outlook for Nvidia appears more positive, bolstered by the latest news from major cloud-computing vendors regarding their AI spending plans. The technology analysts at Bernstein downplayed short-term and medium-term risks of an AI infrastructure oversupply leading to a potential boom and bust cycle for Nvidia’s semiconductors. Instead, they see robust customer demand for Nvidia…
NVIDIA Corp (NASDAQ: NVDA) is enjoying a boost in its stock price today, thanks in part to the positive quarterly results from Meta Platforms Inc. (NASDAQ: META). In an impressive second-quarter performance, Meta Platforms reported a revenue of $32 billion, marking an 11% year-over-year increase and surpassing the Street’s consensus estimate of $31.12 billion. The…
NVIDIA (NVDA) is viewed by many as the best semiconductor chip company in the World. On March 22, it outlined a formidable Software product suite that will provide revenue diversification, higher margins, and an expanded reach into multiple industries. NVDA is a stock that needs to be in your portfolio. The New Product Line The…
