NVIDIA Corp (NVDA)

$112.95 0.67 (0.60%)
15:59 EDT NVDA Stock Quote Delayed 30 Minutes

Why It May Not Be Too Late to Join Nvidia’s Sky-High AI Rally

As long as Nvidia is a darling of the market - and as long as the company invests in future-facing technology - NVDA stock has room to run.

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Previous Close -
Market Cap 70.37B
PE Ratio 6.61
EPS 17.09
Volume (Avg. Vol.) 264.54M
Day's Range $111.58 - $116.20
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.