Nvidia stock eyes record high
Nvidia’s stock has broken out, suggesting new record may be just the first step
The stock’s recent breakout from a multimonth bullish “pennant” chart pattern might have some on Wall Street targeting a rally above $170.
Nvidia stock aims for new record high as AI boom shows no sign of slowing
Nvidia stock (NVDA) is aiming for a new all-time high close as investors continue to bet on the artificial intelligence boom. The stock traded flat midday Wednesday at $133. It previously hit a record closing price of $135.
Here's Why Nvidia's Stock Could Still Go Higher This Year
In five years, the stock has grown by close to 2,800%. To put that in terms of real dollars, a $5,000 investment in the company back then would be worth more than $140,000 right now. But investors may be concerned that the tech stock is too expensive to still be a good buy today.
Nvidia trading within a hair of its June record close
Nvidia Corp. is trading within a hair of what would be its first record closing high since June, the latest sign that megacap technology stocks are shaking off their summer slump. The artificial-intelligence darling has benefited from accelerating gains for megacap names over the past few weeks,
Nvidia is nearing a record high. This is what's driving it.
Nvidia's stock surged 24% in a month, driven by OpenAI's $6.6 billion funding and ongoing demand for AI computing, signaling renewed confidence in AI.
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