Previous Close | 884.55 |
Open | 866.00 |
Bid | 858.27 x 800 |
Ask | 859.05 x 1200 |
Day's Range | 850.12 - 877.76 |
52 Week Range | 253.81 - 974.00 |
Volume | |
Avg. Volume | 51,110,326 |
Market Cap | 2.138T |
Beta (5Y Monthly) | 1.73 |
PE Ratio (TTM) | 71.64 |
EPS (TTM) | 11.94 |
Earnings Date | May 22, 2024 - May 27, 2024 |
Forward Dividend & Yield | 0.16 (0.02%) |
Ex-Dividend Date | Mar 05, 2024 |
1y Target Est | 807.25 |
Subscribe to Yahoo Finance Plus to view Fair Value for NVDA
During Nvidia's (NVDA) GTC event on Monday, CEO Jensen Huang announced the company's next generation "Blackwell" GPU architecture. He also revealed the company's new GB200 processor, referring to it as the world's most powerful chip. Stock Futures are trading lower on Tuesday morning as the Federal Open Market Committee (FOMC) begins its two-day policy meeting, with many on Wall Street expecting the committee to make no changes to interest rates. Investors eagerly await the Fed Dot Plot, which outlines how Fed leadership expects interest rates to be cut going forward. The Bank of Japan has raised borrowing costs for the first time in 17 years. Japan has finally ended 8 years of negative interest rates by setting a new policy rate between 0-0.1%. Yahoo Finance Reporters Dan Howley, Josh Schafer, and Akiko Fujita break down the latest developments. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Nvidia on Monday announced its new Project GR00T AI software for powering human-like robots.
Nvidia CEO Jensen Huang (NVDA) unveiled a new AI GPU chip called "Blackwell", which is expected to ship out later this year. Huang also announced a new partnership with Synopsys (SNPS). The announcement was made during the annual Nvidia GTC event. Synovus Trust Senior Portfolio Manager Daniel Morgan joins Yahoo Finance to discuss the announcement, the conference, and how other AI chip makers are performing, giving insight into what investors should pay attention to. Morgan relays why he believes Nvidia and other AI stocks are not like the internet bubble from the past: "It doesn't feel anything like that today. You have companies that... obviously have very good earnings. They're doing very well. They have very established businesses. Lots of cash on the balance sheet. I don't feel we're in an AI-dot com bubble at this point. I think we're at the beginning of something big. There are going to be companies that are not going to benefit from it as much as everybody thinks they are. But I think Nvidia is one that is going to benefit and, obviously, that will show up in the stock price. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino