AI Darling Nvidia's Stock Could Keep Rising After a Record Year. Here’s Why.

Investopedia12-22 18:00

Key Takeaways It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs.Most analysts expect more gains ahead, with ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2493001217?lang=en_US&edition=fundamental","thumbnail":"https://www.investopedia.com/thmb/KM_HbuU5W4xMcN3PvY-nqokyX-o=/4000x2667/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-2183848478-992369b0184d4e358b28664b99b233da.jpg","is_english":true,"pubTime":"2024-12-22 18:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2493001217","market":"hk","top_or_hot":-1,"title":"AI Darling Nvidia's Stock Could Keep Rising After a Record Year. Here’s Why.","media":"Investopedia","content":"<div>\n<p>Key Takeaways\nIt’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs.Most analysts expect more gains ahead, with ...</p>\n\n<a href=\"https://www.investopedia.com/ai-darling-nvidia-stock-could-keep-rising-after-record-year-heres-why-8762853\">Source Link</a>\n\n</div>\n","source":"investopedia_highlight","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>AI Darling Nvidia's Stock Could Keep Rising After a Record Year. Here’s Why.</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\">\nAI Darling Nvidia's Stock Could Keep Rising After a Record Year. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-22 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/ai-darling-nvidia-stock-could-keep-rising-after-record-year-heres-why-8762853><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Takeaways\nIt’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs.Most analysts expect more gains ahead, with ...</p>\n\n<a href=\"https://www.investopedia.com/ai-darling-nvidia-stock-could-keep-rising-after-record-year-heres-why-8762853\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03650","symbol_name":"KEEP","start_time":0,"source_url":"https://www.investopedia.com/ai-darling-nvidia-stock-could-keep-rising-after-record-year-heres-why-8762853","article_id":"2493001217","we_media_id":null,"thumbnails":["https://www.investopedia.com/thmb/KM_HbuU5W4xMcN3PvY-nqokyX-o=/4000x2667/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-2183848478-992369b0184d4e358b28664b99b233da.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493001217","pubTimestamp":1734861600,"columns":[],"sourceInfo":{"source_id":"investopedia_highlight","name":"Investopedia"},"weMediaInfo":null,"summary":"It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs.Most analysts expect more gains ahead, with demand for Nvidia’s latest chips continuing to outpace supply.Citi analysts suggested the stock’s next big boost could come next month, with CEO Jensen Huang set to deliver a keynote address at the Consumer Electronics Show in January.It’s been a record-breaking year for artificial intelligence  darling Nvidia’s  stock, and its momentum could be far from over.Despite recent declines that brought the shares into correction territory, analysts remain overwhelmingly bullish on the chipmaker’s stock, expecting still more gains as demand for the company’s AI chips continues to outpace supply.Citi analysts said they expect Huang could announce higher projections for Blackwell sales at the event, and highlight growth opportunities tied to rising enterprise and industrial demand for robotics.Nvidia is also expect","collect":0,"end_time":0,"defaultTopTitle":"investopedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"03650":"KEEP","NVD3.UK":"LS 3X NVIDIA","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","NVDS":"Tradr 1.5X Short NVDA Daily ETF","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","NVDS.UK":"LS -1X NVIDIA","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4592":"伊斯兰概念","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0072462426.USD":"贝莱德全球配置 A2","NVDU":"Direxion Daily NVDA Bull 2X Shares","SNVD.UK":"LS -1X NVIDIA","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","NVDD":"Direxion Daily NVDA Bear 1X Shares","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","NVD":"GraniteShares 2x Short NVDA Daily ETF","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","NVDA":"英伟达","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","BK4543":"AI","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","NVIW.SI":"NVDA 3xLongSG261006","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","3NVD.UK":"LS 3X NVIDIA","NVD2.UK":"2X NVIDIA ETP","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","2NVD.UK":"2X NVIDIA ETP","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","BK4549":"软银资本持仓","LU2286300806.USD":"Allianz Cyber Security AT Acc USD"},"translate_title":"人工智能宠儿英伟达的股价在创纪录的一年后可能会继续上涨。原因如下。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03650":1,"NVDA":1,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6},"content_text":"Key Takeaways\nIt’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs.Most analysts expect more gains ahead, with demand for Nvidia’s latest chips continuing to outpace supply.Citi analysts suggested the stock’s next big boost could come next month, with CEO Jensen Huang set to deliver a keynote address at the Consumer Electronics Show in January.\n It’s been a record-breaking year for artificial intelligence (AI) darling Nvidia’s (NVDA) stock, and its momentum could be far from over.  \n\n\n Despite recent declines that brought the shares into correction territory, analysts remain overwhelmingly bullish on the chipmaker’s stock, expecting still more gains as demand for the company’s AI chips continues to outpace supply. \n\n\n “The age of AI is upon us, and it's large and diverse,” CEO Jensen Huang told investors last month, with Nvidia set to benefit as computing scale grows “exponentially.”\n\n\n Analysts are overwhelmingly bullish on Nvidia’s upward potential. All but one of the 21 analysts covering the stock tracked by Visible Alpha hold a “buy” or equivalent rating, with the average price target of about $177 implying more than 31% upside from Friday’s closing price of $134.70.\n\n\n  Nvidia’s Sales, Stock Run to Record Highs   \n Booming demand for AI sent sales of Nvidia’s chips to support developments in AI, as well as the company's stock price, to record highs this year, with shares more than doubling in value in 2024. That has pulled the value of the company into rich territory, with Nvidia one of only three companies currently sporting market capitalizations in excess of $3 trillion.\n\n\n Last month, the company reported quarterly revenue reached an all-time high of $35.1 billion in the fiscal third quarter, as data-center revenue more than doubled year-over-year to a record $30.8 billion.\n\n\n In the company’s earnings call, executives said they’ve seen “staggering” demand for the company’s next-generation Blackwell AI system, which CEO Jensen Huang has called \"a complete game changer for the industry.” \n\n\n In a mid-December note to clients, Morgan Stanley analysts called Nvidia a “top pick,” writing that they expect chipmaker to maintain its AI leadership in the near term, citing its research and development budget and strong relationships with major cloud providers.  \n\n\n  CEO Jensen Huang’s January Keynote Could Be a Catalyst  \n Citi told clients the next big event to boost the stock could come next month, with CEO Jensen Huang set to deliver a keynote address at the Consumer Electronics Show (CES) on Jan. 6. \n\n\n Citi analysts said they expect Huang could announce higher projections for Blackwell sales at the event, and highlight growth opportunities tied to rising enterprise and industrial demand for robotics. Nvidia is also expected to unveil new graphics cards, and could make other product announcements, according to The Verge. \n\n\n Goldman Sachs analysts also pointed to Nvidia's annual GPU technology conference (GTC) in March. At this year’s GTC, Nvidia unveiled the Blackwell platform, announced expanding partnerships with industry leaders, and more. (Its fiscal fourth-quarter earnings report is expected in February.)\n\n\n Huang has said previously the company plans to release a new family of chips each year, with the chipmaker likely to provide more details about Blackwell's successor, Rubin, in the months to come, with its release expected in 2026.\n\nDo you have a news tip for Investopedia reporters? Please email us at\ntips@investopedia.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"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/2493001217"}