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Investor's Business Daily

Investor's Business Daily

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Technology

After a 1,300% run, Nvidia stock looks like it's tiring out

Investor's Business Daily
Summary
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77% Informative

Nvidia has been the world's most valuable company by market capitalization for two brief periods in 2024 and 2024 .

After a 1,300% run in just over two years , Nvidia stock looks like it's tiring out.

The most important part of the report will be Nvidia 's earnings and sales guidance.

Nvidia has posted six straight quarters of triple-digit increases in earnings.

Analysts say Nvidia is five to 10 years ahead of anyone else in the AI chip market.

The chipmaker is on a one-year product upgrade cadence.

Nvidia 's data center business remains its main driver.

But despite robust sales and near-term estimates bolstered by heavy capex investments, Nvidia stock has struggled.