Reported 2 days ago
Despite strong fourth-quarter earnings and growth in Nvidia's chip business, the company's stock price has taken a hit, falling 10% year-to-date. The impressive revenue growth of 78% was overshadowed by concerns over declining gross margins and increasing competition from custom chips and other GPU manufacturers. While Nvidia's market cap limits significant stock price growth, its stock still holds decent value against industry standards. Investors are left pondering whether Nvidia can maintain its edge in the evolving AI landscape over the next year.
Source: YAHOO