Although Nvidia and Intel shares took off since the deal's announcement, the latter's stock remains reasonably valued. Because Intel isn't profitable, this can be assessed using the price-to-sales (P/S) ratio, which measures how much investors are willing to pay for every dollar of revenue produced over the trailing 12 months.

Nvidia stock hit an intraday record high as Bloomberg reported that the US government approved the tech leader's chip exports to the UAE.

Investment firm Morgan Stanley held a meeting with Nvidia (NVDA) management and there were several takeaways, including that the tech giant is gaining share in cloud spending. Read for more.

Nvidia ( NVDA 1.68%) has seen its fortunes rise on the back of surging demand for artificial intelligence compute. Its graphics processing units (GPUs) stand out as best in class when it comes to AI training and inference, which has resulted in soaring prices for its chips as big tech buys up supply as fast as Nvidia can make them.

By teaching models to reason during foundational training, the verifier-free method aims to reduce logical errors and boost reliability for complex enterprise workflows.

Cantor now sees Nvidia hitting an $8 earnings per share in calendar year 2026 versus the consensus of $6.26 and $11 in 2027 compared to the $7.37 consensus. The analysts also pointed out that token demand has skyrocketed in the last few months, which is increasing profit per token.

Nvidia stock jumps 2% on strong AI demand, US export approvals, and bullish analyst ratings, despite high valuation risks.

Here are some of the stocks making notable moves in Thursday's premarket action: Nvidia shares are gaining about 1% and eyeing a new record high after the U.S. approved several billion dollars worth of chip sales to the UAE.