Reported 9 months ago
Nvidia's stock has seen a remarkable return of over 27,400% over the past 10 years, driven by demand for GPUs in various industries. The company has gone through boom-and-bust cycles due to market dynamics but has recently shifted focus to data center AI hardware, making it heavily reliant on this segment. While Nvidia's poor diversification poses risks, its ability to adapt and explore new markets like self-driving cars and robotics may impact its future performance. Despite the near-term risks, Nvidia's stock still shows potential for long-term growth as the AI industry expands.
Source: YAHOO