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28.11.2024 00:03:00
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CEO Jensen Huang Just Delivered Fantastic News for Nvidia Investors
Nvidia (NASDAQ: NVDA) recently reported another blowout quarter. After guiding investors to expect revenue in its fiscal 2025 third quarter to be around $32.5 billion, the leading artificial intelligence (AI) company reported record quarterly sales of $35.1 billion for the period ended Oct. 27.Exceeding expectations has become the norm, though, as AI capital spending continues to grow. Analysts had already baked in another big quarter, and Nvidia stock reflects much future success. Nvidia shares have dropped by about 7% since the fiscal third-quarter report even after some very bullish comments from Nvidia CEO Jensen Huang during the earnings conference call.But it was comments he made the week before Nvidia's earnings report that should have investors most excited to own the stock. Huang was in Japan for an AI summit on Nov. 12, and he laid out a future vision that provides investors a clear picture of why it's not too late to buy Nvidia stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Analysen zu NVIDIA Corp.mehr Analysen
| 21.11.24 | NVIDIA Halten | DZ BANK | |
| 21.11.24 | NVIDIA Hold | Deutsche Bank AG | |
| 21.11.24 | NVIDIA Buy | UBS AG | |
| 21.11.24 | NVIDIA Overweight | JP Morgan Chase & Co. | |
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