NVIDIA Corp (NVDA)

$905.54 15.86 (1.72%)
16:00 EDT NVDA Stock Quote Delayed 30 Minutes

Stanley Druckenmiller Cut His Stake in Nvidia (NVDA) Stock

Although Nvidia gets all the love, Stanley Druckenmiller is stepping off the hype train for now, presenting nuance for NVDA stock.

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Previous Close -
Market Cap 564.15B
PE Ratio 75.90
EPS 11.93
Volume (Avg. Vol.) 43.61M
Day's Range $823.25 - $917.81
52-Week Range $280.46 - $974.00
Dividend & Yield $0.16 (0.02%)

Nvidia is best known these days for its role in the artificial intelligence (AI) boom, courtesy of its graphics processing units (GPUs). These chips, which help render computer visuals, initially made Nvidia popular with video game fans in 1999. However, GPUs are the computer chips best capable of processing large quantities of data and completing behind-the-scenes computations. In recent years, this made Nvidia first a key player in crypto mining and now in generative artificial intelligence. CEO Jensen Huang has teased that there’s much more to come with AI, including Nvidia’s new Blackwell chip at the end of 2024.