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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.
DeepSeek Creates Buying Opportunity For Nvidia Stock
Explore the impact of DeepSeek's DualPipe Algorithm and Nvidia Corporation's goals in democratizing AI tech for large addressable markets. Click for my NVDA update.
Better AI Stock: SoundHound AI vs. Nvidia
Artificial intelligence (AI) is already transforming industries and has the potential to influence everything from automotive transportation to pharmaceutical discovery. Two companies making significant inroads into AI right now are the conversational AI platform company SoundHound AI (NASDAQ: SOUN) and semiconductor company Nvidia (NASDAQ: NVDA).
DeepSeek sparks global AI selloff, Nvidia losses about $593 billion of value
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold technology stocks across the globe on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of current AI leaders like Nvidia,
5h
on MSN
Nvidia and a Videogame Stock Were Some of the Nasdaq 100’s Worst January Performers
Nvidia was the fourth-worst performer with a loss of 7.3%, its biggest monthly decline since October 2023. Nvidia stock t ...
15h
on MSN
Every Wall Street Analyst Covering Nvidia Stock Expects It to Head Higher -- Here's Why They May Be Wrong
Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones ...
3d
Nvidia Stock Goes Down—And The Internet Cracks Up
The biggest market loss in history happened, with Nvidia stock dropping 17%—and the entire internet thought this was ...
12h
on MSN
Nvidia’s RTX 5090 is out of stock because it was barely in stock
Reddit users have been tracking inventory for RTX 5090 and RTX 5080 cards at Micro Center locations across the US, with some ...
2d
Nvidia stock crash saw retail investors dump more than $900 million into the name
Nvidia ( NVDA) stock tanked on Monday, falling more than 17% and losing nearly $600 billion off its market cap as investors ...
3d
on MSN
Watch These Nvidia Stock Price Levels After Nearly $600B Wiped From Market Value
Nvidia shares plunged Monday amid concerns that a powerful, cost-efficient AI model developed by Chinese startup DeepSeek ...
3d
Nvidia stock among top Florida Google searches. What's its 2025 forecast, Deepseek's impact
Nvidia is a leader in AI and gaming tech, but its stock drop has many wondering what’s next. Here’s a look at what Nvidia ...
11h
on MSN
Trump to hold first meeting with CEO of AI chipmaker Nvidia
The meeting comes amid broad anxiety about the success of a Chinese artificial intelligence app called DeepSeek.
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