NVDA Stock Recent News

Palantir Technologies (NASDAQ: PLTR) has emerged as a leading artificial intelligence company, offering AI data analytics to the U.S. government and businesses. And the company is growing quickly, with sales rising 39% to $884 million and adjusted earnings increasing 63% to $0.13 per share in the first quarter.

Premarket trading has been positive for the chips stocks in the US, as we are willing to look past the geopolitical issues at the moment, and all three companies in this analysis seemingly are attracting new buyers at this point.

Nvidia could have a $1.5 trillion market in 'sovereign AI' according to one analyst.

I reiterate my 'Strong Buy' on NVDA with a $260 price target, expecting a US-China trade deal to unlock significant H20 GPU sales; the US needs Chinese rare earth elements. Nvidia's NVLink Fusion and Spectrum-X are expanding revenue streams, with major hyperscalers like Microsoft and Meta increasing capital spend on compute capacity. Despite Q1'26 margin hits from China trade restrictions, I forecast improving gross margins and $48B net revenue for eQ2'26, driven by Blackwell architecture.

Even though the market recovered substantially from its lows during April, plenty of stocks are still at appealing valuations right now. The economy hasn't been impacted by tariffs so far, and demand for AI-related products hasn't slowed a bit.

The first half of the year was a turbulent one for stocks in general amid concern President Trump's planned import tariffs would hurt the economy. And this problem weighed most heavily on stocks that depend on growth and investment -- such as those in the field of artificial intelligence (AI).

Nvidia CEO Jensen Huang has been pitching the idea of "sovereign AI" since 2023. Europe is now starting to listen and act.

Nvidia (NVDA -2.20%) and Palantir Technologies (PLTR 1.72%) have been two of the stock market's biggest winners over the past couple of years -- they even delivered the best performances in the Dow Jones Industrial Average and the S&P 500, respectively, in 2024.

Pinpointing stocks that can double in under five years is a key skill for investors, allowing them to beat the market with a safety margin. The market tends to double once every seven years, so if it can double in five, there is some wiggle room to allow for outperformance.

Nvidia (NVDA -2.20%) has been one of the stock market's biggest movers and shakers in recent times. This is because the company plays a key role in a technology that has garnered everyone's attention: artificial intelligence (AI).