Nvidia Stock Rallies in Premarket Trading Following CEO's Prediction of Doubling Chip Sales Next Year

Deep News
Yesterday

NVIDIA Corp (NASDAQ: NVDA) shares are surging in US premarket trading on September 17, climbing more than 2% in early indications.

The upward momentum comes after NVIDIA CEO Jensen Huang revealed that the company's chip sales next year are expected to be double what they are this year.

Investors appear to be welcoming the optimistic outlook, with the stock extending gains as market participants digest the implications of such aggressive growth projections for the AI chip giant.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10