The International Monetary Fund raised its global growth forecast from 2.7% to 2.9%, and that's no doubt aided the Nasdaq Composite index's terrific rise of nearly 16% so far this year. This impressive jump has rubbed off positively on Nvidia (NASDAQ: NVDA), with the stock shooting up over 51% in 2023. Nvidia faces a major challenge in the form of weak personal computer (PC) sales that have crushed its gaming segment in recent quarters, but there are a few solid growth drivers that may help the chipmaker outpace the market's expectations in 2023. Read More...
The International Monetary Fund raised its global growth forecast from 2.7% to 2.9%, and that’s no doubt aided the Nasdaq Composite index’s terrific rise of nearly 16% so far this year. This impressive jump has rubbed off positively on Nvidia (NASDAQ: NVDA), with the stock shooting up over 51% in 2023. Nvidia faces a major challenge in the form of weak personal computer (PC) sales that have crushed its gaming segment in recent quarters, but there are a few solid growth drivers that may help the chipmaker outpace the market’s expectations in 2023.
