AI Boosts Tech, Nvidia Surges

This is a news story, published by Yahoo Finance, that relates primarily to Nvidia news.

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Nvidia

The Motley Fool

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Should You Buy Nvidia Stock Before Nov. 20? Wall Street Has a Compelling Answer.

Summary

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81% Informative

Since the beginning of last year , Nvidia stock is up more than 900% (as of market close on Thursday ) The advent of AI early last year was one of the biggest sparks that set off the current bull market rally.

The company's graphics processing units (GPUs) proved equally adept at powering AI models.

Nvidia has a strong track record of beating its own expectations and that of Wall Street.

Most analysts believe Nvidia was conservative with its guidance, giving the company room to surpass expectations.

Wall Street is predicting Nvidia will generate EPS of $ 4.16 in its fiscal 2026 , which begins in late January .

Nvidia 's revenue has increased by 868% over the past five years , while its net income has risen 1,650% . This has fueled a stock price surge of 2,610% .

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