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NVIDIA Corporation (NVDA) Stock News and Updates

Recent Developments

NVIDIA Corporation (NVDA), a leading provider of graphics processing units (GPUs) and artificial intelligence (AI) technologies, recently showcased its latest AI capabilities at Gamescom 2024, the world's largest gaming expo.

According to Goldman Sachs, options pricing data suggests that NVIDIA's second-quarter earnings report could result in a market value swing of up to $298 billion.

Earnings Report

Upcoming Earnings Release

NVIDIA is scheduled to release its second-quarter 2025 earnings report on August 28, 2024, after the market closes.

Analyst Expectations

Analysts are divided on NVIDIA's financial performance, with some predicting continued growth based on strong demand for its GPUs and AI solutions, while others anticipate a slowdown due to macroeconomic uncertainties.

Stock Performance

Recent Stock Price Movements

NVIDIA's stock price has been volatile in recent months, fluctuating between $165 and $240. As of August 24, 2024, the stock is trading at $198.50 per share.

Market Trends

The overall market sentiment has been positive towards NVIDIA, with the company's strong product portfolio and growth prospects attracting investor interest.

Key Data Points

Revenue Growth

NVIDIA has consistently reported strong revenue growth over the past several quarters, driven by increased adoption of its GPUs for gaming, data centers, and automotive applications.

Earnings per Share (EPS)

The company's EPS has also grown significantly, reflecting its expanding profit margins and growing revenue base.

Sources

[NVIDIA Corporation Investor Relations](https://investor.nvidia.com/)

[Goldman Sachs Research Note](https://www.goldmansachs.com/insights/pages/research-nvidia.html)

[Gamescom 2024 News Release](https://www.gamescom.global/en/)