Among the 64 sell-side analysts that cover Nvidia, 59 have a "buy" or equivalent rating on Nvidia stock. After analyzing the various catalysts above, it's easy to see why so many on Wall Street see Nvidia as a no-brainer opportunity.

Major U.S. indexes, including S&P 500, Nasdaq and Russell 2000, closed down more than 1%, while the values of crypto and gold also fell.

We're still in the early innings of deploying large-scale computing power, which is why orders keep coming in for Nvidia's GPUs. This is why Nvidia's $500 billion in orders for its computing systems is a huge deal, as it represents a significant uptick in growth.

US stocks finished the first trading day of November mixed, with Big Tech names like Amazon (AMZN) and Nvidia (NVDA) rising near record-high levels, fueling a continued rally in the AI trade even as those gains weren't broadly distributed.

IREN stock soared on Monday after announcing a nearly $10 billion deal with Microsoft to provide access to Nvidia chips.

Nvidia (NASDAQ: NVDA) has been one of the best artificial intelligence (AI) stocks to own since the AI arms race kicked off in 2023. Its technology has powered most of the AI we experience today, and that's unlikely to change much in the future.

US stocks closed mixed Monday, with Nvidia and other tech giants driving modest gains for the S&P 500 and Nasdaq, while the Dow Jones declined. Major

Nvidia stock remains in focus after Microsoft secured U.S. approval to ship its AI chips to the UAE. Options data signals potential for further upside in NVDA shares.