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Can Nvidia Stock (NVDA) Keep Soaring on Microsoft and Meta’s AI Boom?
Microsoft’s $70.1 billion revenue and 33% Azure growth were solid on their own. But it was the capex commentary that lit a fire under AI stocks. The company is on pace to spend $80 billion this fiscal year on data centers — a number CEO Satya Nadella called “foundational” to Copilot, OpenAI, and next-gen AI services.
These two internet giants continue to add artificial intelligence (AI)-powered features for their massive user bases and ...
Strong Q1 earnings from Meta and Microsoft sparked an AI rally that boosted the tech-heavy index past its level on April 2, ...
Tech giants Nvidia, Broadcom, TSMC, AMD, Arm, Micron, and Marvell stocks surge in support of Meta and Microsoft's strong ...
Nvidia (NASDAQ: NVDA) stock is rising Thursday amid a bullish backdrop for the broader market. At the same point in the day's ...
AI stocks are at a crossroads as China’s Huawei is coming for Nvidia, while Meta is printing green indexes in the pre-market ...
Microsoft and Meta are some of Nvidia’s biggest customers, contributing an estimated $20 billion and $9 billion to the chipmaker’s 2024 revenue, respectively, according to a DA Davidson analysis.
If we only considered Nvidia's trailing 12-month price-to-earnings ratio of 35.5, the stock would seem quite expensive. The ...
Nvidia's stock is up 4.5% at open Thursday morning. Discover the reasons behind today's surge and what it means for investors ...
Microsoft Corp. and Meta Platforms Inc. delivered strong earnings beats on Wednesday to quell investor worries over massive ...
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