Reported about 1 year ago
Nvidia recently conducted a 10-for-1 stock split, leading to an increase in its share price. Following the split, the company surged to become the most valuable company globally. Despite concerns about overvaluation due to its high price-to-earnings (P/E) ratio, Nvidia remains a strong contender in the tech industry with a promising growth trajectory. However, competition, particularly from Advanced Micro Devices, poses a challenge. Investors should consider both growth potential and valuation factors before investing in Nvidia.
Source: YAHOO