Nvidia Stock Rises. Why Earnings From Rival Broadcom Could Spur Gains. - Barron's
1. NVDA shares rose 0.3% to $142.31 amid positive AI chip demand sentiment. 2. Broadcom's upcoming earnings could indicate growth in the AI chip market. 3. Analysts predict Broadcom to earn $1.57 per share, up from $1.10 last year. 4. Nvidia's CEO showcased processors for Nintendo's new Switch 2 console. 5. Rival chip makers AMD, Intel, and Qualcomm also showed slight gains.