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03.12.2024 23:31:20

3 Reasons to Buy Nvidia Stock as the UBS Global Technology and AI Conference Gets Underway

It seems Nvidia (NASDAQ: NVDA) is a victim of its own success. After another incredible quarter in which it doubled its earnings per share (EPS) year over year, the chipmaker's stock sank in the days following its Q3 numbers release. The fact is, expectations could hardly be higher. It's a good thing the company appears to be still firing on all cylinders.This isn't the first time it's been in this situation, and it's likely not the last. Nvidia saw its stock retreat nearly 20% in the weeks following its last release, only to gain nearly 35% from that low. There is good reason to remain optimistic, as the next year is full of major catalysts for the company.On Tuesday, Dec. 3, Nvidia joined other leading Artificial Intelligence (AI) firms to discuss the future of the industry with the investment community. The annual UBS Global Technology and AI Conference presents a chance for Nvidia to show continued leadership and make the case for why it has so much further to go. The event marries the technical with the practical, shedding light on just how impactful AI can be in creating real-world value.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Aktien in diesem Artikel

Ai Holdings Corp 2 119,00 1,00% Ai Holdings Corp
NVIDIA Corp. 134,76 1,20% NVIDIA Corp.
UBS 10,46 -0,48% UBS