Reported 10 months ago
The article discusses the rise of Nvidia (NASDAQ: NVDA) stock due to its success in the AI hardware field, with its share price soaring from $14 to $131 alongside a $3.2 trillion market cap. It highlights the company's financial success, strong position in the generative AI market, but also mentions high valuation and competition risks from companies like AMD and Intel. The conclusion suggests holding Nvidia stock for the long run while considering taking profits due to the high valuation. The article warns investors of potential price corrections in the future.
Source: YAHOO