Why Nvidia Stock Soared 17% in June
Nvidia (NASDAQ: NVDA) stock jumped 17% in June, according to data provided by S&P Global Market Intelligence. It reported a phenomenal earnings report at the end of May, and that boosted investor confidence through June.
Nvidia has exploded from its one-time focus on the gaming industry to become a serious force in the development of generative artificial intelligence (AI). It has as much as 95% of the AI semiconductor market, and the biggest names in the industry, like Amazon and Meta Platforms, rely on its premium products to drive their AI platforms.
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Source Fool.com
Meta Platforms Inc. Stock
€475.70
-7.450%
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 652 € there is a positive potential of 37.06% for Meta Platforms Inc. compared to the current price of 475.7 €.
