The first wave of Nvidia GeForce RTX 50-series graphics cards went up for preorder this morning and sold out within the first hour. First to be released were the two highest-end GPUs in the stack: the RTX 5090 and RTX 5080.
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We doubt the leading cloud vendors and AI builders will pause their plans," he wrote in a note to clients. "We still think tech firms will continue to buy all the GPUs they can as part this AI gold rush."
Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieved multiple record-closing highs and ended higher by 13%, 23%, and 29%, respectively.
Nvidia rises following a deep selloff in artificial-intelligence stocks, General Motors posts better-than-expected adjusted earnings but the stock tumbles, and Boeing reports a fourth-quarter core loss of $5.
The event will also feature speakers from Munro & Associates, Hewlett Packard Enterprise and more. SANTA CLARA, CA / ACCESS Newswire /
Get your hands on the new Blackwell GPU with our guide on where to find the RTX 5090 and RTX 5080 in stock near you.
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The Nvidia RTX 5090 and RTX 5080 release date has arrived, here is where you can pre order and buy the cards in the US, UK, and Canada.
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NVIDIA's new RTX 50-series GPUs went on sale this morning and while most or all of those are already out of stock (it is launch day for a hot-ticket