Shares in the chip designer were up 0.4% at $140.69 in premarket trading. Futures tracking the benchmark S&P 500 index were down 0.2%. Nvidia stock tumbled 6.2% in the previous se

Continued Ives, “We could go back to quarters where the stock sells off, bears come out of hibernation mode, stock goes to $100, then all of a sudden, two months later, back up to all-time highs. These knee-jerk reactions, it’s easy to get scared by them because they don’t say anything about near-term demand.”

Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.

The Biden administration is planning to impose more restrictions on chip sales to China and Russia, according to a report.

Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.

Nvidia stock has soared on the back of AI. Ed Sheldon believes the stock, and others in the AI space, can outperform again in 2025. The post Prediction: AI stocks will outperform again in 2025 and Nvidia will hit $200 appeared first on The Motley Fool UK.