NVIDIA shares increased by about 1.75% amid a broader tech sector rally, driven by renewed investor interest in large-cap technology stocks. The company announced new AI infrastructure partnerships in South Korea with SK hynix, SK Telecom, and NAVER, aiming to expand AI memory, cloud computing, and sovereign AI initiatives. NVIDIA remains in a long-term uptrend technically, with key resistance near $217 and support around $194.50. Analysts expect strong earnings growth in the upcoming August report, maintaining a consensus Buy rating with an average price target around $324.
NVIDIA reported an extraordinary Q1 FY27 with $81.6 billion revenue, driven by 92% growth in its Data Center segment and $48.55 billion free cash flow. Despite this, shares are up only 10.1% year-to-date, weighed down by macroeconomic concerns and Ch...
NVIDIA CEO Jensen Huang views the recent decline in AI stocks as a major buying opportunity, supported by the company's strong financial results, including 85% revenue growth and $48.55 billion free cash flow in the latest quarter. NVIDIA is also agg...
On June 8, three major Wall Street analysts issued bullish 12-month price targets for SanDisk stock, with estimates ranging from $2,100 to $2,900. Bank of America raised its target to $2,100 citing strong pricing and demand, while Mizho highlighted A...
US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 surged in early trading following a slight drop in US interest rates. The Nasdaq 100 is expected to test the 30,000 level, supported by a strong 28,500 level, while the Dow Jones is con...
Intel's stock surged nearly 10% after reports revealed that Google and Nvidia are considering Intel as a backup manufacturer for AI processors. Google reportedly placed an order for over 3 million Tensor Processing Units (TPUs) for 2028, while Nvidia...
