Investing in Nvidia Ahead of the AI Summit: Is It a Good Idea?

Reported 3 months 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

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