In November, Nvidia (NASDAQ: NVDA) took Intel's place in the Dow Jones Industrial Average. In 2024, Nvidia was the top performer among Dow components. This article explains why a significant change in this growth stock might not negatively impact the Dow, the reasons Nvidia is facing challenges, and if it's a good time to invest in the stock.
Taiwan Semiconductor Manufacturing, known as TSMC, is a strong stock that has been performing well in the market, even during recent downturns. Currently, it has increased by 79% in the last year, significantly outperforming the S&P 500, which has risen by 23%. I believe TSMC can continue to grow, despite some negative feelings surrounding AI stocks lately.
Nvidia (NVDA) has been getting a lot of interest from users on Zacks.com recently. As a result, it's important to understand the factors that could affect the stock's future.
Nvidia Corporation is still considered a good investment even after a recent decline in stock prices caused by DeepSeek's arrival. This is because Nvidia leads the market, has a unique ecosystem, and benefits from ongoing demand for AI technology. Additionally, its expansion into gaming, automotive, and edge computing, along with its shift to a hardware-plus-software model, promises strong growth opportunities.
Palladyne AI Corp. (NASDAQ: PDYN) is a small software company with a market value of $265 million. Despite its size, it has experienced remarkable growth in the past year, significantly outperforming larger companies like NVIDIA Corp. (NASDAQ: NVDA), which saw a 103% return by January 31, 2025, compared to Palladyne's nearly 1,600% increase during the same time.
On Monday, January 27, Nvidia (NASDAQ: NVDA) faced significant challenges as the launch of a new Chinese artificial intelligence (AI) called DeepSeek posed a serious risk to the current technology boom.
Investors in AMD will pay close attention to the company's artificial intelligence plans when it shares its fourth-quarter results on Tuesday. This is important because major tech companies are moving towards custom silicon, which raises questions about AMD's role in the AI infrastructure competition.
SYDNEY, Feb. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and six-months ended December 31, 2024, on Wednesday, February 12, 2025 and host a conference call beginning at 5:00 p.m. New York time.
The stock price of chip manufacturer Nvidia (NASDAQ: NVDA) has dropped into bear territory, going under $120 as the market responds to the effects of Donald Trump's tariffs.
There are plenty of artificial intelligence (AI) stocks that have performed much better than the market in recent years. Despite a recent drop in tech stocks due to increased competition from a more affordable AI model developed by DeepSeek in China, many AI stocks continue to significantly outperform the market.