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Should You Buy Nvidia Stock Before Thursday?

TheMotleyFool 
0 0 20.02.24
Should You Buy Nvidia Stock Before Thursday?Photo, wide shot, wide-angle lens, Software company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/70b5df15-67cc-4a1b-af41-3596614daf77.png
 

The artificial intelligence (AI) boom will get another big test this week.

Nvidia (NASDAQ: NVDA), the chipmaker that has become the flag-bearer for the generative AI revolution, will report fourth-quarter earnings after hours on Wednesday, and you can bet Wall Street will be standing by with rapt attention.

After all, Nvidia is now up nearly 400% since the start of 2023 and has gained 46% this year alone as its hardware has helped lead the artificial intelligence charge after ChatGPT was launched. Nvidia recently passed Amazon and Alphabet to become the third-most valuable U.S. company with a market cap of $1.8 trillion, behind only Microsoft and Apple.

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Source Fool.com

Alphabet Inc. A Stock

€308.35
0.440%
Alphabet Inc. A gained 0.440% compared to yesterday.
The stock is one of the favorites of our community with 166 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a slightly positive potential of 8.32% compared to the current price of 308.35 € for Alphabet Inc. A.
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