Will the Rally in Nvidia Stock Continue Into 2024?
From Barchart:
Nvidia anticipates that artificial intelligence will be the primary source of its earnings growth in the near future, leading to an increase in its share price. This outlook is based on the company’s latest quarterly earnings report, which exceeded analyst expectations. AI-related revenue for the company has shown strong momentum, solidifying its position as a leader in the AI hardware market. With this promising trajectory, investors are optimistic about the potential for continued success and profitability for Nvidia.
Read more: Will the Rally in Nvidia Stock Continue Into 2024?