Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.

Arya noted other positive signs for the company’s flagship Blackwell chip.

Nvidia CEO Jensen Huang kicked off this year’s CES consumer electronics trade show with a slew of AI announcements, in a blockbuster address that had analysts calling the chipmaker's stock a "top pick" on its AI leadership.

Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, but surprisingly reversed quickly to a significant daily loss, headlining a surprise stark selloff across technology stocks.

The stock has had a phenomenal run over the last few years, but Arya's price target of $190 implies 35% upside for the shares over the next year or so. Let's see if that estimate is reasonable based on Nvidia's growth and valuation.

Tech show CES 2025 kicks off this week (between January 7-10) with the keynote on January 6 featuring Nvidia CEO Jensen Huang. Looking forward to the event, Bank of America’s Vivek Arya ...

Benchmark analyst Cody Acree reiterated a Buy rating on Nvidia with a $190 price target. Bank of America analyst Vivek Arya maintained a Buy rating with a $190 price target. Read Also: Nvidia 5000 Series, Product Updates Make It Top Semiconductor Pick Ahea ...

The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.

Nvidia’s stock has been the multi-bagger that everyone on Wall Street has been talking about. NVDA stock has widely outperformed the market, giving investors a massive 2,000% return in the last five years. It continued the trend last year as well, climbing 179% despite trading sideways for the second half of the year.

Nvidia CEO Jensen Huang will deliver the opening keynote at the CES on Monday, with many analysts viewing the event as a potential growth catalyst for the chipmaking giant.