Reported 4 days ago
As Nvidia prepares for its AI Summit from October 7 to 9, investors are weighing whether to buy the stock. The company has seen remarkable growth, with shares up about 135% this year, due to rising demand for its AI chips. However, the summit is unlikely to provide significant product updates; instead, it will showcase how AI technology is currently in use across various industries. Ultimately, while Nvidia continues to be a solid long-term investment, short-term stock movements around the event may not significantly impact long-term holders.
Source: YAHOO