Wall Street’s AI darling, fell on Monday following reports that a senior executive had met with Chinese officials. The stock slip comes amid Nvidia’s stellar performance last week, which exceeded expectations.

Nvidia's predictable revenue and guidance patterns make it difficult to surprise the market. Click here to find out more about NVDA stock here.

Nvidia's (NASDAQ: NVDA) strong artificial intelligence (AI)-related growth has driven the shares up 179% so far in 2024, at the time of this writing. The stock trades at a high price-to-earnings ratio of 55,

NVIDIA Corporation (NVDA) just reported its latest earnings results. Nvidia’s third-quarter earnings report exceeded expectations, with revenue reaching $35 billion, up 94% year-over-year and 17% quarter-over-quarter.

As of the time of writing, shares are down by around 3% despite better-than-expected third-quarter earnings and a buoyant market for artificial intelligence (AI) hardware. Despite being the largest company in the world with a market cap of $3.

Demand for its GPUs has skyrocketed ever since the AI arms race kicked off, and Nvidia has benefited more than any other company in the market. This was on full display in Q3, as revenue rose 94% year over year to $35 billion,

Hindsight, they say, is 20/20. Looking back at past predictions, especially those made by prominent figures in the investment world, can offer valuable insights into market dynamics and the evolution of technology.