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Nvidia stock is up over 900% since 2023. Here's why it's still a screaming buy.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Why Nvidia Stock Is Plummeting Today
Shares of Nvidia ( NVDA -5.29%) were sinking Wednesday. The company's stock fell 6.2% as of 2:20 p.m. ET, but lost as much as 6.9% earlier in the day. The move comes as the S&P 500 ( ^GSPC -0.39%) and Nasdaq Composite ( ^IXIC -0.54%) lost 0.8% and 1.1%, respectively.
Nvidia and other chip stocks are bouncing. Is now the time to buy?
Multiple analysts saw Monday’s sharp semiconductor pullbacks as overdone. One said they could prove “a buying opportunity in hindsight once the dust settles.”
Nvidia Stock Is Dropping. Why It’s Sitting Out the Chip Rebound.
Nvidia stock declined on Wednesday, even as strong earnings from ASML Holding lifted shares of other chip makers. Shares of Nvidia made a strong 9% comeback Tuesday after a 17% drop on Monday. However,
Why Nvidia Stock Rallied on Tuesday
Nvidia stock was crushed yesterday following reports that Chinese AI start-up DeepSeek developed an AI model that delivered comparable results to existing
Citi Analysts Are Doubling Down on Nvidia Stock. Should You?
Nvidia (NVDA) has dominated the tech scene in recent years, riding high on the artificial intelligence (AI) boom. With its powerful GPUs driving advancements in gaming, data centers, and autonomous tech,
1d
on MSN
Nvidia Stock Investors Just Got Bad News From DeepSeek, but Certain Wall Street Analysts See a Silver Lining
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
5h
Nvidia retail investors told us why they're unfazed by DeepSeek's market disruption and refusing to sell
Retail investors bought a net $562 million of Nvidia stock on Monday, the largest single-day inflow in at least 10 years, ...
1d
Nvidia’s Agentic AI Agenda At CES Was Smart, But It Could Go Further
The GPU giant laid out a very smart approach to agentic AI earlier this month at CES, but it could do more to clarify its ...
18m
YouTube is giving the RTX 5080 so much side-eye.
Image: The sheer volume of these cracked me up, so I just had to make a little gallery for you (tap the arrows to cycle ...
31m
Stock market today: Meta climbs and Microsoft falls as most stocks rise on Wall Street
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...
24/7 Wall St
1h
I Avoided Dividend Stocks for Years, But These 2 Trends Have Changed My Mind
The line between dividend stocks and non-dividend tech stocks is now blurrier than ever, as 71% of the Magnificent 7 now pay ...
54m
Nvidia’s latest GPU driver lets you activate DLSS 4 in games and apps
Nvidia is launching its next-gen RTX 5090 and RTX 5080 GPUs today, but it’s also releasing an exciting update for existing RTX GPU owners. A new GPU driver (572.16) allows you to force DLSS 4 inside ...
1h
Maingear unveils Nvidia GeForce RTX 50 series desktop gaming PCs and workstations
Maingear unveiled its custom-configurable Nvidia GeForce RTX 50 Series gaming desktops, featuring the RTX 5080 and RTX 5090 GPUs.
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