Reported about 9 hours ago
Nvidia has experienced significant growth with its robust AI chip sales, reflected in a 69% increase in revenue for the first quarter. However, signs of slowing growth, shrinking profit margins, and increasing competition, particularly from Chinese companies, are raising concerns about its future as a top-performing stock. Although the company may not repeat its past multibagger returns, it could still provide shareholder value through dividends and buybacks. Investors are advised to be cautious and consider other high-potential stocks.
Source: YAHOO