Nvidia Dominates AI, Surges to 3-Year High as Wall Street Stays Bullish
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Nvidia Dominates AI, Surges to 3-Year High as Wall Street Stays Bullish
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About this listen
In the latest episode of our financial markets podcast, we analyze NVIDIA's remarkable stock performance as shares closed at $174.14 on Thursday, December 18, marking a 1.9% gain. Discover why Wall Street maintains a strong "Buy" consensus with ambitious price targets, including Tigress Financial's recent upgrade to $350 based on NVIDIA's AI infrastructure dominance and impressive 65.22% revenue growth to $187.14 billion over the last year.
We break down the chip giant's recent earnings report that substantially beat estimates with EPS of $1.30 and revenue of $57.01 billion (up 62.5% year-over-year), pushing its market cap to approximately $4.23-4.26 trillion. Learn about major institutional moves, strategic global AI initiatives in Israel and Malaysia, and what these developments mean for investors.
Whether you're a tech investor or market enthusiast, this comprehensive analysis provides crucial insights into one of AI's most influential players. Subscribe now for more expert financial analysis and tech stock coverage.
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