Reported 17 days ago
Nvidia has experienced tremendous growth due to the AI boom, with a 2,450% increase in stock price over five years. Despite impressive quarterly revenues driven by high demand for GPUs and a significant share buyback plan, the stock has dropped 10% recently, signaling market skepticism about sustainable growth. Factors such as the uncertain monetization of AI software and potential market oversaturation raise doubts about Nvidia's ability to reach a $200 share price anytime soon.
Source: YAHOO