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Nvidia has shown remarkable growth in its latest fiscal report, with revenue surging 114% to $130.5 billion, primarily driven by AI demand. Despite a downtrend in stock price this year, the company remains well-positioned for future growth, especially with significant developments in AI infrastructure. With a favorable valuation and increasing demand across its data center and consumer internet segments, Nvidia's stock is considered a buy, although caution is advised due to the cyclical nature of the semiconductor industry.
Source: YAHOO