Nvidia Stock Is Gaining Today -- Is It Too Late to Invest in the Artificial Intelligence (AI) Leader?

Nvidia (NASDAQ: NVDA) stock is climbing in Tuesday's trading following news about the company's Blackwell processors and bullish coverage from analysts. The company's share price was up 4.6% as of 3:30 p.m. EST.Reports emerged today that recently highlighted overheating issues with Nvidia's next-generation Blackwell processors had actually been identified and resolved months ago. In addition to this promising news, the artificial intelligence (AI) leader's stock received price-target increases from two high-profile financial firms. Nvidia is scheduled to report its third-quarter results after the market closes tomorrow, and its share price is now up roughly 196% across this year's trading. Nvidia has been this year's hottest and most influential megacap stock. The company is now launching its next-generation Blackwell graphics processing units (GPUs), and expectations are high heading into the company's Q3 report tomorrow. Today's news suggesting that reported overheating issues for the Blackwell processors had actually already been addressed is a promising indicator, and the bullish momentum was strengthened by positive coverage from two high-profile analyst firms.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool