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Nvidia Stock Has Doubled This Year. The Case for Even More Gains.

Por: MarketWatch Business May 18, 2023

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Their confidence is largely due to the continuing development of artificial intelligence tools and the subsequent need for Nvidia AI-geared graphics processing units (GPUs). The analysts believe that should mean the company’s revenue and earnings beat estimates for its first fiscal quarter. They expect Nvidia to subsequently raise its financial outlook, giving the stock a further boost. Nvidia was trading at $315.94 up 4.7% on Thursday. The... + full article



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