Nvidia Stock Turns Around. What Is Driving Shares

Dow Jones08-15

After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. Meanwhile, the tech-heavy Nasdaq Composite index eked out gains for the day.

Nvidia has been dominating the AI chips market. Its stock is up 135% this year.

Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.

July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.

Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. That timeline was in line withprevious commentsby server maker Super Micro Computer.

Among other chip makers, Advanced Micro Devices shares were down 0.3% and Broadcom stock was up 1%.

Nvidia shares were up 138% this year at Wednesday’s close. That compares with a 14% rise in the S&P 500 index and a 15% rise in the Nasdaq over the same period.

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Comments

BB J
08-15
BB J
We couldn't deny there is always an unforseen Black Swan in the stock market!
Guavaxf30
08-15
Guavaxf30
The reason is probably the most obvious in investing history. AI is the next best thing to happen to the capital market. And Nvidia is the granddaddy of AI chips. Why does anyone need to ask why it's share price is rising?
- poppy jk:
  Buffet & Co: The market stupidity makes me rich

Leave a comment

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Its stock is up 135% this year.\" tg-width=\"925\" tg-height=\"607\"/><span>Nvidia has been dominating the AI chips market. Its stock is up 135% this year.</span></p><p style=\"text-align: start;\">Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.</p><p>July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.</p><p>Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. 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What Is Driving Shares\n</h2>\n\n<h4 class=\"meta\">\n\n2024-08-15 14:30 北京时间&nbsp;&nbsp;&nbsp;<strong>Dow Jones</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. 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Its stock is up 135% this year.</span></p><p style=\"text-align: start;\">Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.</p><p>July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.</p><p>Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. That timeline was in line withprevious commentsby server maker Super Micro Computer.</p><p style=\"text-align: start;\">Among other chip makers, Advanced Micro Devices shares were down 0.3% and Broadcom stock was up 1%.</p><p style=\"text-align: start;\">Nvidia shares were up 138% this year at Wednesday’s close. That compares with a 14% rise in the S&amp;P 500 index and a 15% rise in the Nasdaq over the same period. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock Turns Around. 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What Is Driving Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-15 14:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. Meanwhile, the tech-heavy Nasdaq Composite index eked out gains for the day.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b191ae53e118dd8ca860de59627ffc41\" alt=\"Nvidia has been dominating the AI chips market. Its stock is up 135% this year.\" title=\"Nvidia has been dominating the AI chips market. Its stock is up 135% this year.\" tg-width=\"925\" tg-height=\"607\"/><span>Nvidia has been dominating the AI chips market. Its stock is up 135% this year.</span></p><p style=\"text-align: start;\">Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.</p><p>July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.</p><p>Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. That timeline was in line withprevious commentsby server maker Super Micro Computer.</p><p style=\"text-align: start;\">Among other chip makers, Advanced Micro Devices shares were down 0.3% and Broadcom stock was up 1%.</p><p style=\"text-align: start;\">Nvidia shares were up 138% this year at Wednesday’s close. That compares with a 14% rise in the S&amp;P 500 index and a 15% rise in the Nasdaq over the same period. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132744835","content_text":"After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. Meanwhile, the tech-heavy Nasdaq Composite index eked out gains for the day.Nvidia has been dominating the AI chips market. Its stock is up 135% this year.Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. That timeline was in line withprevious commentsby server maker Super Micro Computer.Among other chip makers, Advanced Micro Devices shares were down 0.3% and Broadcom stock was up 1%.Nvidia shares were up 138% this year at Wednesday’s close. That compares with a 14% rise in the S&P 500 index and a 15% rise in the Nasdaq over the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":338740287463824,"gmtCreate":1723704404856,"gmtModify":1723704409460,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3576140222331577","authorIdStr":"3576140222331577"},"htmlText":"The reason is probably the most obvious in investing history.&nbsp; AI is the next best thing to happen to the capital market. And Nvidia is the granddaddy of AI chips. Why does anyone need to ask why it's share price is rising?","listText":"The reason is probably the most obvious in investing history.&nbsp; AI is the next best thing to happen to the capital market. And Nvidia is the granddaddy of AI chips. Why does anyone need to ask why it's share price is rising?","text":"The reason is probably the most obvious in investing history. AI is the next best thing to happen to the capital market. And Nvidia is the granddaddy of AI chips. Why does anyone need to ask why it's share price is rising?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/338740287463824","repostId":1132744835,"repostType":2,"repost":{"id":"1132744835","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1723703400,"share":"https://ttm.financial/m/news/1132744835?lang=&edition=fundamental","pubTime":"2024-08-15 14:30","market":"us","language":"en","title":"Nvidia Stock Turns Around. What Is Driving Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1132744835","media":"Dow Jones","summary":"After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. Meanwhile, the tech-heavy Nasdaq Composite index eked out gains for the day.Nvidia has been dominati","content":"<html><head></head><body><p>After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. Meanwhile, the tech-heavy Nasdaq Composite index eked out gains for the day.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b191ae53e118dd8ca860de59627ffc41\" alt=\"Nvidia has been dominating the AI chips market. Its stock is up 135% this year.\" title=\"Nvidia has been dominating the AI chips market. Its stock is up 135% this year.\" tg-width=\"925\" tg-height=\"607\"/><span>Nvidia has been dominating the AI chips market. Its stock is up 135% this year.</span></p><p style=\"text-align: start;\">Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.</p><p>July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.</p><p>Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. That timeline was in line withprevious commentsby server maker Super Micro Computer.</p><p style=\"text-align: start;\">Among other chip makers, Advanced Micro Devices shares were down 0.3% and Broadcom stock was up 1%.</p><p style=\"text-align: start;\">Nvidia shares were up 138% this year at Wednesday’s close. That compares with a 14% rise in the S&amp;P 500 index and a 15% rise in the Nasdaq over the same period. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock Turns Around. What Is Driving Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Turns Around. What Is Driving Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-15 14:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. Meanwhile, the tech-heavy Nasdaq Composite index eked out gains for the day.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b191ae53e118dd8ca860de59627ffc41\" alt=\"Nvidia has been dominating the AI chips market. Its stock is up 135% this year.\" title=\"Nvidia has been dominating the AI chips market. Its stock is up 135% this year.\" tg-width=\"925\" tg-height=\"607\"/><span>Nvidia has been dominating the AI chips market. Its stock is up 135% this year.</span></p><p style=\"text-align: start;\">Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.</p><p>July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.</p><p>Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. That timeline was in line withprevious commentsby server maker Super Micro Computer.</p><p style=\"text-align: start;\">Among other chip makers, Advanced Micro Devices shares were down 0.3% and Broadcom stock was up 1%.</p><p style=\"text-align: start;\">Nvidia shares were up 138% this year at Wednesday’s close. That compares with a 14% rise in the S&amp;P 500 index and a 15% rise in the Nasdaq over the same period. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132744835","content_text":"After starting the day lower, Nvidia stock found itself in the green at the market close Wednesday. Meanwhile, the tech-heavy Nasdaq Composite index eked out gains for the day.Nvidia has been dominating the AI chips market. Its stock is up 135% this year.Nvidia stock was up 1.7% at $118.08. The stock closed 6.5% higher on Tuesday, shrugging off a report that Huawei waspreparing to launchan artificial intelligence chip that rivals Nvidia’s for the Chinese market.July was a rough month for Nvidia as investors started questioning the hefty investments in AI by the Big Tech companies. Traders were also concerned about a report that shipments of Nvidia’s next-generation Blackwell chips would be delayed some three months due to a design flaw.Taiwanese company Foxconn, formally known asHon Hai Precision Industry, said on Wednesday that it expects to start selling servers incorporating Blackwell chips in the final quarter of 2024 but volumes will ramp up in the first quarter of 2025, in a call with analysts, according to Bloomberg. That timeline was in line withprevious commentsby server maker Super Micro Computer.Among other chip makers, Advanced Micro Devices shares were down 0.3% and Broadcom stock was up 1%.Nvidia shares were up 138% this year at Wednesday’s close. That compares with a 14% rise in the S&P 500 index and a 15% rise in the Nasdaq over the same period.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":338758004777352,"gmtCreate":1723708730263,"gmtModify":1723709966202,"authorId":4180940356587852,"author":{"id":4180940356587852,"idStr":"4180940356587852","authorId":4180940356587852,"name":"poppy jk","avatar":"https://community-static.tradeup.com/news/4eebea6670f611e6bcfae9cceaecf096","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":338740287463824,"type":1,"supId":0,"prevId":0,"content":"Buffet &amp; Co: The market stupidity makes me rich","text":"Buffet &amp; Co: The market stupidity makes me rich","html":"Buffet &amp; Co: The market stupidity makes me rich"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":2,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1132744835"}