AI Stocks

The Dow Jones Industrial Average, S&P 500 and the Nasdaq headed lower in afternoon trades in the stock market today. Broadcom (AVGO) soared on a bullish AI outlook after results met Wall Street estimates. Nvidia (NVDA) fell but Tesla (TSLA) headed higher. Broadcom stock cleared the $1 trillion market cap milestone, while Nvidia broke below the 50 day moving average. Broadcom is on IBD…

There is no doubt that Nvidia (NASDAQ: NVDA) is the dominant player in the market for artificial intelligence (AI) chips, as its graphics processing units (GPUs) have played a central role in training popular AI models such as ChatGPT and Llama. The company’s terrific technological lead in the AI GPU space has given it a wide moat, and its rivals remain way…

Key Points Griffin’s Citadel hedge fund made some big moves in the artificial intelligence (AI) arena during the September-ended quarter. This has been a busy month on the news front for Wall Street. Between Election Day, earnings season, and the October inflation report, investors haven’t been hurting for catalysts. But among these various data releases,…

Key Points Investor excitement for artificial intelligence (AI) might be overhyped today. The stock market can at times seem like a manic-depressive being, exaggerating any positive or negative developments with rapid share price swings. With AI stocks like Nvidia soaring tenfold in just a few years, it is possible these stocks will head into a correction, given…

It’s nearly impossible to read or listen to anything even remotely related to artificial intelligence (AI) and not find a reference to Nvidia. The company’s graphics processing unit (GPU) chipsets are perhaps the single most important piece of architecture used in generative AI. Don’t believe me? Industry research suggests that Nvidia held 98% of GPU shipments over the last two…