Will Nvidia's Blockbuster Results Be Enough to Send the Stock Higher?

Nvidia (NASDAQ: NVDA) has been in sizzling form on the stock market in 2024, thanks to the stunning growth the company has been clocking quarter after quarter, which explains why the market was awaiting its fiscal 2025 third-quarter results (for the three months ended Oct. 27) with bated breath.The semiconductor giant's report came out on Nov. 20, and not surprisingly, it delivered stronger-than-expected results on the back of healthy demand for its graphics processing units (GPUs) that are being used in data centers to train and deploy artificial intelligence (AI) models. However, the initial investor reaction to the company's earnings seems to be negative, as the stock has headed lower in the two sessions following its results.Does this mean Nvidia's red-hot rally has hit a speed bump? Or will the stock overcome this hiccup and resume its journey north to deliver more gains to investors in 2025? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool