NVIDIA hits $4 trillion in market cap milestone
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Nvidia (NASDAQ: NVDA) stock currently trades for around $155. However, Loop Capital just gave Nvidia a new price target of $250 per share. That indicates around 60% upside from today's price, but the implications of a $250-per-share stock are far greater.
To me, Nvidia may have put AMD in a checkmate position for the time being. I think these figures reported could imply that Nvidia will remain the leader in AI data center chips and could be on its way to a new, prolonged, and sustained wave of growth.
The chipmaker's shares are cheaper than they appear. The post Think Nvidia Stock Is Expensive? These 3 Charts Might Change Your Mind. appeared first on The Motley Fool Australia.
Nvidia shares continued to rise after the artificial intelligence chipmaker broke the $4 trillion market cap level. U.S. equities were lower at midday after President Donald Trump made more tariff announcements. The Dow Jones Industrial Average, S&P 500, and Nasdaq all declined.
Nvidia's market cap just hit $4 trillion, and it could rise further on positive market sentiment. Nvidia stock offers exciting opportunities for long-term investors. Nvidia (NASDAQ: NVDA) is back as the most valuable company in the world,
Nvidia stock trades at $164.10 after hitting a $4 trillion market cap. Analysts eye AI growth and China talks as next catalysts.
AMD stock price surged over 4% after HSBC upgraded it to ‘Buy’ and raised the target price to $200, signaling nearly 40% upside. HSBC is now bullish on AMD’s MI300X and MI350 AI chips, which are gaining ground against NVIDIA’s GPUs.
Nvidia’s climb also made the chip maker briefly the world’s first company with a market value of $4 trillion. Wednesday’s milestone came barely two years after the Santa Clara, Calif.-based company, led by Chief Executive Jensen Huang, notched a $1 trillion closing valuation for the first time.