NVIDIA Corp (NVDA)

$804.12 42.59 (5.03%)
13:45 EDT NVDA Stock Quote Delayed 30 Minutes

Hold Tight! Nvidia’s Upcoming Earnings Could Catapult Shares to New Heights.

By Chris MacDonald, InvestorPlace Contributor
There are plenty of chip stocks out there for long-term investors to choose from, but Nvidia stock is likely to remain the winner over time.

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Previous Close -
Market Cap 500.97B
PE Ratio 67.40
EPS 11.93
Volume (Avg. Vol.) 42.26M
Day's Range $801.25 - $843.24
52-Week Range $262.25 - $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.