NVDA causes market rally

Source: Dukascopy Bank SA


The share price of NVidia has jumped 5.21% or $24.52 at the market open.

The surge was caused by the company smashing its earnings expectations and announcing a $25 billion share buyback. The results were boosted by the ongoing global AI boom that has caused a major demand for semiconductors.

Due to the news, various analysts have started to increase their share price target for NVidia, which in turn is boosting the price even more.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.