Nvidia is in the spotlight ahead of the chip maker’s third-quarter earnings report, with optimism seeming to reign.
Nvidia shares rose 0.5% to $147.40 in after-hours trading on Tuesday. The stock gained 4.9% during Tuesday’s trading session.
That signaled plenty of confidence in another blockbuster report, despite the fact that the stock dropped after the previous quarter’s report amid questions over profit margins and the sustainability of investment in artificial-intelligence hardware. However, since then Nvidia shares have roared to new all-time highs.
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