Nvidia eyes record high, spurred by Blackwell chip, TSMC sales

Nvidia (NVDA) is within striking distance of its stock's all-time high as it re-approaches this record mark. The chipmaker has risen over 8% in the past five trading sessions, reporting this week that its Blackwell AI chips have already sold out for the next 12 months. Seana Smith and Madison Mills review the tailwinds for the chip giant since the late summer slump that hit the tech and chip sectors. Additionally, CoreWeave — a Nvidia-backed AI GPU (graphics processing unit) startup — has received a $650 million credit line from major banks like JPMorgan Chase & Co. (JPM), Goldman Sachs (GS), and Morgan Stanley (MS). To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
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[douglasa.]

Sold all 3100 shares of Intell 4 years ago bought Nvidia. One of the best investment moves I've made. Still bullish with Nvidia.

[tatianastarcic]

The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[BEAUTIFULDIANAFRANCIS]

52:10 Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded

[racerx]

Got a pretty good feeling considering we consolidated so hard today and essentially created a new support. I'm hoping to see 138 to 139 next week.

[Bunnydrille]

I have $170K in NVIDIA right now. I only got into stocks to try and make anything to help afford some medical infusion treatment that I need. I know it’s a risky game especially for someone like me who isn’t focusing hard on the market. I just don't want to make any wrong move. Do I hold or sell and buy back? Genuinely asking for any advice...

[jasonlai]

Take a good hard look at the floating stocks Nvidia has after 10 to 1 stock split and compare that with pltr and amd. How much $ is needed to move nvidia up by $ 50 ? And with that same amount of $, how much amd and pltr can move up in comparison.

[lastChang]

Restricting NVIDIA from selling high-performance artificial intelligence chips to China 🇨🇳 makes a lot of sense economically and morally.