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via finance.yahoo.comMarkets

Nvidia: Is There Still Room to Run? Stock at Record High

FROM THE WIRE · FINANCE.YAHOO.COM

Nvidia (NASDAQ:NVDA) went nowhere for most of a year, then broke out in August and now trades at a record high. Ken Fisher's Fisher Asset Management is Nvidia's largest hedge fund holder as of the second quarter, with a stake worth about $18.2 billion, or 5.42% of its portfolio…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishNvidia reached record highs after August breakout; AI chip demand grows faster than production capacity.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nvidia went nowhere for most of the year, then broke out in August and now trades at record highs.
  2. 02Fisher Asset Management is Nvidia's largest hedge fund holder with an $18.2 billion stake.
  3. 03Management expects about 70% revenue growth in fiscal 2028, constrained by chip supply.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA CorporationNVDAStock237.75 USDMarket closedtoday -0.62%Positive Broadcom Inc.AVGOStock376.86 USDMarket closedtoday +0.28%Neutral Advanced Micro Devices, Inc.AMDStock646.85 USDMarket closedtoday -0.40%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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