Reported about 10 hours ago
Nvidia's stock has seen significant growth, with a projected increase exceeding 185% this year, driven by its dominance in the AI chip market with an 80% share. The company is set to present at the UBS Global Technology and AI Conference on Dec. 3, where updates about the anticipated Blackwell GPU chip launch could impact its stock price. While a purchase before the conference may offer short-term gains if positive news emerges, Nvidia is considered a strong long-term investment regardless of the timing of a buy.
Source: YAHOO