15 Trending AI Stocks on Latest News and Ratings

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4. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 193 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 21, Citi analyst Asiya Merchant noted that the chipmaker had reported solid results and that guidance of $37.5 billion implied revenue growth of 70% year-over-year, exceeding consensus expectations. The analyst further highlighted that the chipmaker said Blackwell production shipments were scheduled to begin next quarter and would continue to ramp with current demand indicators expected to exceed supply for several quarters over the next year. Per the advisory, during the call, management also noted strong traction of AI in enterprise environments with full-year AI enterprise revenues expected to more than double from last year and the pipeline continuing to build.

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