Nvidia Corp. shares rose 68.9% over the past 90 days, reaching an all-time high of over $174, although they pulled back 2.5% recently. The company has maintained strong profitability as the leading AI chipmaker. The recent trade agreement concerning the U.S. and China temporarily alleviated some concerns, despite past challenges like the $5.5 billion charge due to export restrictions to China. Analysts are divided on price targets, emphasizing Nvidia's efforts to pivot towards U.S. AI infrastructure investments and design new chips, sustaining recovery amid significant challenges.
Shares of Nvidia Corp. have surged 68.9% over the past 90 days, despite pulling back 2.5% in the past week, hitting an all-time high above $174.
Nvidia, the leading artificial intelligence chipmaker, is navigating a pivotal moment with mixed first-quarter earnings, amid strong profitability despite U.S.-China trade tensions.
Near-term headwinds challenge Nvidia, although its pivot to AI infrastructure investments and new chip designs for China show resilience amidst strong data center demand.
The long-term outlook for Nvidia remains positive despite risks from U.S.-China trade relations, with analysts observing robust demand for AI technologies.
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