Nvidia Rises As All-Important Chip Leader Signals Bullish Way Forward For Blackwell; Is Nvidia A Buy Now?

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Nvidia reports its much-awaited third-quarter results next Wednesday after the market close. Shares are in a buy zone. Technically, that makes Nvidia stock a buy. But investors who follow the IBD Methodology and realize there’s earnings risk are wondering, should they buy the stock now? On Thursday, chip lithography gear maker, ASML maintained its 2030 sales target of $46.

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