Trump presidency likely won't be a problem for Nvidia's stock

Published On Nov 10, 2024, 8:30 AM

The article discusses the potential impact of Donald Trump's presidency on Nvidia's stock, suggesting that factors driving Nvidia's business, particularly in AI, are strong enough to persist despite political changes. Analysts believe Nvidia will likely continue its upward trajectory due to anticipated earnings growth, with projections estimating significant performance from upcoming chip releases and strong market demand. Risks include potential trade tensions with China, affecting Nvidia's business operations in that region.

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Positive

Nvidia is expected to maintain its strong growth trajectory during Trump's presidency, driven by the AI market and robust upcoming product releases. Anticipated earnings estimates further support a positive outlook for the stock. With a solid foundation for growth, including favorable tax policies and potential increases in demand from digital markets, Nvidia is well-positioned for the future.

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