Prediction: Nvidia Stock Is Going to Soar After Aug. 26

Nvidia (NASDAQ: NVDA) supplies the world's most sought-after graphics processing units (GPUs) for data centers, which are the primary chips used in artificial intelligence (AI) training and inference workloads. Sales have been so strong that the company's market capitalization has ballooned from $360 billion to $5.4 trillion since the AI boom started gathering steam in early 2023.Nvidia is scheduled to release its operating results for its fiscal 2027 second quarter (ended July 31), on Aug. 26, and all signs point to another blowout report. Its stock looks inexpensive right now, so here's why I predict it will soar in the aftermath.Image source: Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool