Nvidia Receives Positive Signals for AI Growth from Tech Giants
Nvidia (NASDAQ: NVDA) recently received encouraging news from major companies like Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Meta Platforms (NASDAQ: META), all of which indicated plans to increase their investments in artificial intelligence.
*Stock prices used were the afternoon prices of Oct. 30, 2024. The video was published on Nov. 1, 2024.
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*Stock Advisor returns as of October 28, 2024
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is also a member of The Motley Fool’s board. Parkev Tatevosian, CFA holds positions in Alphabet. The Motley Fool has investments in and recommends Alphabet, Meta Platforms, Microsoft, and Nvidia. The Motley Fool also recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool maintains a disclosure policy.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
