Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
| Open | 157.27 | Prev Close | 156.42 |
| High | 159.10 | Low | 156.01 |
| Volume | 0 | Volume (Avg) | 1,459,959 |
| 52 Week High | 72.20 | 52 Week Low | 27.31 |
| Market Cap | 21B | PE Ratio | 8.89 |
General
| Name | Nucor Corporation |
| Ticker | NUE |
| Exchange | NYSE |
| Sector | Basic Materials |
| Industry | Steel |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 26,400 |
About Nucor Corporation
Nucor Corporation manufactures and sells steel and steel products. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. The company offers its products through its in-house sales forces; and internal distribution and trading companies. The company was incorporated in 1958 and is headquartered in Charlotte, North Carolina.
Highlights
| Analyst Target | 64.50 |
| Market Cap | 20,982,439,936 |
| PE Ratio | 8.89 |
| PEG Ratio | 0.75 |
| EBITDA | 2,416,574,976 |
Valuation
| Trailing PE | 29.77 |
| Forward PE | 16.86 |
| Price/Sales (Trailing 12 Mt.) | 1.02 |
| Price/Book (Most Recent Quarter) | 1.87 |
Technicals
| Beta | 1.41 |
| 52 Week High | 72.20 |
| 52 Week Low | 27.31 |
| 50 Day Average | 59.14 |
| 200 Day Average | 53.14 |
Dividend
Nucor Corporation pays out a dividend of $1.61 per share, with a dividend yield of 1.36%.
NUE's last dividend payment was made to shareholders on May 11, 2021.
They pay out 37.04% of their earnings out as a dividend.
Recent Dividends
| Aug 9, 2024 | $0.54 |
| May 10, 2024 | $0.54 |
| Feb 9, 2024 | $0.54 |
| Nov 9, 2023 | $0.51 |
| Aug 11, 2023 | $0.51 |
| May 11, 2023 | $0.51 |
| Feb 10, 2023 | $0.51 |
| Nov 10, 2022 | $0.50 |
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