NVIDIA Corp (NVDA)
$117.87
4.50 (3.97%)
NVDA Stock Quote Delayed 30 Minutes
Is Nvidia (NVDA) Stock a Buy Ahead of Earnings?
Let's dive into whether investors may want to consider Nvidia stock on its recent dip ahead of upcoming earnings, and where NVDA could go.
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Previous Close
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Market Cap
73.43B
PE Ratio
7.71
EPS
15.28
Volume (Avg. Vol.)
293.08M
Day's Range
$117.25 - $119.66
52-Week Range
$39.23 - $195.95
Dividend & Yield
$0.16 (0.14%)
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.
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NVDA stock holders should expect some volatility towards the end of the month, as Nvidia will report its earnings on Aug. 28.
