US EditionI've Already Made Nearly $500k On My $1.8m Inheritance. Thank You, NVIDIA
- On Wednesday, Nvidia’s share price climbed to an all-time high of $154.31, surpassing its previous peak from January and boosting its market valuation to $3.77 trillion.
- This rise follows strong earnings and CEO Jensen Huang's optimism despite US export restrictions limiting sales of AI chips to China.
- Nvidia earned $17.1 billion from its Chinese market during the previous fiscal year, marking a 66% growth, although export restrictions are projected to reduce sales by about $5 billion.
- Huang highlighted that the company sees numerous avenues for expansion, identifying artificial intelligence and robotics as the primary sectors poised to generate growth valued in the trillions of dollars, which helped strengthen investor optimism.
- Michael Smith from Allspring Global Investments increased his confidence in Nvidia's growth, expecting the AI arms race to continue through 2025 and 2026.
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I've Already Made Nearly $500k On My $1.8m Inheritance. Thank You, NVIDIA
When anyone receives an inheritance, regardless of its value, there are generally two paths most people take. The first is to spend it all quickly, buying up things they didn’t need and don’t plan on saving any of the money for the long term. Key Points This Redditor received a large inheritance and wisely invested a significant portion of it. As part of this investment strategy, the Redditor invested in NVIDIA, which paid off. The hope is …
NVIDIA's actions increased by more than 4% on Thursday, and closed a record since January. The company of Artificial Intelligence (IA) has grown consistently and is, once again, more...
Nvidia is again the world's most valuable company
Nvidia's stock rose to a record high on Wednesday.Ann Wang/ReutersNvidia's stock hit a record high on Wednesday.CEO Jensen Huang's comments on AI and robotics growth boosted investor confidence.US export restrictions to China will impact Nvidia's revenue, the company said.Nvidia reclinched its title as the world's most valuable company for a second time this month.The AI chipmaker's shares rose more than 4% on Wednesday, closing at a record high…
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