Nvidia Eyes All Time High As iPhone Maker Notes 'Hiccup' Amid Demand Surge

Tuesday, 8 October 2024, 14:01

Nvidia eyes an all-time high as the iPhone maker notes a 'hiccup' in the market amidst 'crazy' demand for its Blackwell chip. Investors question: is Nvidia a buy now? With Nvidia stock climbing steadily, insights into this trend are imperative.
Investors
Nvidia Eyes All Time High As iPhone Maker Notes 'Hiccup' Amid Demand Surge

Nvidia's Market Performance

Nvidia stock rose on Tuesday, signaling a potential all-time high in the near future.

  • Volume has been lower.
  • The current all-time high stands at 140.76.
  • Investors are closely monitoring trends.

Demand for Blackwell Chip

The market's insatiable demand for Nvidia's Blackwell chip is evident.

  1. Major tech companies are driving this demand.
  2. Market analysts are weighing Nvidia's growth potential.
  3. Investors should assess risk vs. reward.
Key Takeaway: With the current trends, the question arises: is Nvidia a buy now?

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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