NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
Nvidia Corp. (NASDAQ: NVDA) is expanding U.S. chip production with a $500 billion AI infrastructure plan. Partnering with Foxconn, Wistron, TSMC, and others, Nvidia is building supercomputers and Blackwell processors in Arizona and Texas. The initiative is expected to boost domestic manufacturing, create thousands of jobs, and power next-gen AI data centers known as "AI factories."
This comes after JPMorgan CEO Jamie Dimon’s remarks last week indicating that more analysts would trim their S&P 500 earnings estimates as the Trump tariff impact sinks in.
Nvidia, which has a partnership with TSMC to make its chips, announced that its latest Blackwell chips are now being manufactured at TSMC’s fabrication facility in Phoenix, Arizona.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Trump plans to impose tariffs on imported semiconductors, but promises flexibility. Semiconductor stocks rise, but tariffs may impact demand and revenue.
Total revenue rose 6% year over year to $15.06 billion and surpassed an analyst estimate of $14.71 billion, led by higher net revenues in Global Banking & Markets but partially offset by slightly lower net revenues in Asset & Wealth Management.
