Nvidia’s stock is at a stratospheric high — these five catalysts could propel it higher

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Jeff Reeves's Strength successful Numbers

Last Updated: Nov. 10, 2021 astatine 8:25 a.m. ET First Published: Nov. 10, 2021 astatine 8:24 a.m. ET

Autonomous vehicles and virtual world are conscionable 2 segments successful which Nvidia volition play a larger role

Nvidia CEO Jensen Huang. (Nvidia)

Ask radical what their thought of a dynamic tech institution looks like, and they astir apt wouldn’t sanction a astir 30-year-old semiconductor manufacturer. But that’s precisely which institution is lighting the satellite connected occurrence with its gravity-defying run.

I’m talking astir Nvidia Corp. NVDA. The institution was founded successful 1993 focusing chiefly connected graphics chips, and successful the 2000s made a sanction for itself producing hardware for the Xbox and PlayStation. But these days, there’s a full batch much going connected astatine Nvidia than conscionable video crippled chips.

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