(CercleFinance.com) – Nvidia is heading back towards its all-time highs on Wall Street on Monday on the eve of its results, which could be accompanied by favorable prospects according to analysts.
The stock, which gained 0.8%, reached a peak this morning at nearly 500 dollars, giving a market capitalization of 1,228,000 billion dollars.
With a gain of 237% this year, the chipmaker is one of the main contributors to the almost 35% increase signed by the Nasdaq Composite since January 1.
The group will publish tomorrow evening after the close of Wall Street its accounts for the August-October period, the third quarter of its staggered financial year.
Analysts expect revenue of $16.2 billion, and a forecast of $18 billion for the fiscal fourth quarter due to the strength of the data center processor market.
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