NVDA Dec 2024 1220.000 call
| Previous close | 178.00 |
| Open | 171.95 |
| Bid | 178.45 |
| Ask | 180.30 |
| Strike | 1,220.00 |
| Expiry date | 2024-12-20 |
| Day's range | 171.35 - 184.50 |
| Contract range | N/A |
| Volume | |
| Open interest | 147 |
- Yahoo Finance Video
Investors uncertain of big capex spending on AI: Analyst
Stifel applied technology analyst Ruben Roy joins Josh Lipton and Alexandra Canal on Market Domination to discuss the status of the chip sector amid recent volatility as Nvidia (NVDA) tries to hold onto its dominant position. Roy tells Yahoo Finance that investors are worried about when Big Tech companies will see the payoff of their AI investments. Another key chip investor concern is the sustainability of the increased capital expenditures (capex) spending to invest into AI and where the spending will shift after data centers are built. Nvidia stands out as a major benefactor of the AI boom. Despite recent volatility, the chipmaker's stock has more than doubled since the start of 2024. The analyst tells the Market Domination team that Nvidia’s “checks have been solid” and “it's not just Blackwell” as demand for the company's Hopper GPUs is also holding strong. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
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