Nvidia Stock Speeding to New Highs?! #SHORTS

Nvidia is a hugely popular and trending stock right now, and for good reason. Can this stock continue to grow? Watch our NVIDIA stock price short video here. A full forecast will be available on the channel at 4:00 pm (GMT) today.

Investors were understandably disappointed after Nvidia canceled its $80 billion acquisition of the chip firm called Arm. However, it reported earnings per share of $1.32 on revenues of $7.64 billion, which is up from an EPS of $1.17 on revenue of $7.10 billion a year earlier.

The Nvidia chart is on the screen now, price has formed a base from the drop earlier in the year, and has started to create a series of higher highs and higher lows. As a result, any pull in price like we are seeing now could be followed by an expansive move. There is no reason why this stock can't reach the $300 per share mark. Let us know what you think in the comments.

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