Reported 11 months ago
Nvidia (NASDAQ: NVDA) has seen significant growth due to high demand for its GPUs, particularly in the data center segment, with fiscal 2025 Q1 revenue soaring 427% year over year. The company's CUDA platform has created a technological moat, giving Nvidia control over the entire tech stack. With continued GPU innovation, acceleration in technology development, the growing AI boom, opportunities in the automotive sector, and a relatively inexpensive valuation trading at 45 times forward P/E, there are compelling reasons to consider buying Nvidia stock for its upside potential.
Source: YAHOO