NVIDIA: Still Looks Inexpensive Despite Racing To The Top
Portfolio Pulse from
NVIDIA's stock has seen a massive increase, with a 29,473.10% rise over the past decade and 190% in the past year, driven by strong earnings and CapEx spending. Despite competition, NVIDIA's profitability and margins have expanded, with potential to become the first $5 trillion company. Q3 earnings were exceptional, driven by data center business and CapEx from tech giants.
December 06, 2024 | 2:15 pm
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NVIDIA's stock has surged significantly due to strong earnings and CapEx spending, with potential to become the first $5 trillion company. Q3 earnings were exceptional, driven by data center business and CapEx from tech giants.
NVIDIA's exceptional Q3 earnings and significant stock price increase indicate strong market performance. The company's profitability and margins have expanded, driven by its data center business and CapEx from tech giants, suggesting continued growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100