Nvidia stock price may 1 2025 market forecasts indicate Nvidia stock

Market forecasts indicate Nvidia stock price May 1 2025 may benefit from continued AI chipset dominance, anticipated quarterly revenues surpassing $26B, and a robust forward P/E ratio in the mid-60s, signaling investor confidence in tech sector resilience. Much like many penny stocks that get caught in speculative cycles, D-Wave has become swept up in a momentum-driven rally fueled by hype over fundamentals. Even the slightest whiff of positive news tied to the broader quantum computing narrative -- such as government funding initiatives -- sparks frenzied buying from retail traders chasing hope rather than sustainable, compounding earnings power. The gains follow earnings reports from tech giants Microsoft and Meta late Wednesday that saw the companies affirm — or, in Meta's case, boost — their investments in artificial intelligence infrastructure, as the companies look to increase data center capacity to power AI efforts. Traders are positioning for Nvidia stock price May 1 2025 breakout moves, citing historical earnings season patterns and unusually high open interest in May call options.