Why Nvidia Stock Climbed 28% in November

Shares of Nvidia (NASDAQ: NVDA) rose 27.8% last month, according to data provided by S&P Global Market Intelligence, following another strong earnings report for the graphics specialist.

Last month, Nvidia unveiled more details around its plans to the metaverse with its Omniverse software package. However, the stock came under pressure in the last few days over bad news surrounding its pending acquisition of leading chip designer Arm Holdings from Softbank Group.

Image source: Nvidia.

Continue reading

Source Fool.com