Why Nvidia Corporation (NVDA) Stock Will Keep Jumping Higher

NVDA stock is set to continue its impressive run up

Earlier this month, Nvidia Corporation (NASDAQ:NVDA) announced the Jetson TX2, which is the latest iteration of the TX1, which NVDA describes as “the world’s first supercomputer on a module.” The company designed the Jetson module as a tool to assist developers in advancing and creating new technology. Additionally, in partnership with Microsoft Corporation (NASDAQ:MSFT), Nvidia announced development of the HGX-1 Hyperscale GPU Accelerator, which promises improved performance and standardization for cloud-computing servers.

These tools will also serve NVDA stock investors (indirectly, of course), as they further the company’s rise to the top of the AI industry ladder.

Android Central described the Jetson TX2 best, saying:

The people who will build this technology of the future will need the tools to do so. In 2017, NVIDIA is doing its part, and the Jetson TX2 is the embodiment of this idea.

Simply put, the Jetson TX2 is a mini supercomputer that can process massive amounts of data on the spot, which can be a huge advantage for technology developers who would otherwise have had to upload all that data to an online server for cloud computing.

Advanced Micro Devices, Inc. (AMD) Stock Gears Up for War

The meteoric rise of AMD stock isn't over yet

Advanced Micro Devices, Inc. (NASDAQ:AMD) stock has quite literally skyrocketed over the past year, as shares of AMD are up nearly 400%, while the Nasdaq is up only 22% over the same period.

With the release of its Ryzen 7 processor line earlier this month, and the Ryzen 5 products slated for April 11, more than a few analysts on the Street have issued upgrades and raised price targets for AMD stock.

According to MarketWatch, 11 of the 29 analysts providing recommendations call AMD stock a “buy” and 15 call it a hold.

Apple Inc. (AAPL) Can’t Commit to Hollywood

Investors have heard it all before, so don't expect AAPL to react much

Rumors abounded last week as two executives from Apple Inc. (NASDAQ:AAPL) were involved in a series of closed-door discussions in Hollywood, involving some high-ranking TV and film producers.

While few details of those meetings have been made public, journalists and analysts alike have speculated about a range of possibilities, including everything from a massive effort to make Apple TV a legitimate player in the streaming arena, to acquisition and partnership negotiations.

Eddy Cue, Apple’s Senior Vice President of Internet Software and Services, held meetings last week with executives from various film studios, including Sony Pictures Entertainment, the cinema division of Sony Corp (ADR) (NYSE:SNE), and Paramount Pictures Corporation, a subsidiary of Viacom, Inc. (NASDAQ:VIAB).