Reported 4 months ago
Since Nvidia's revenue from AI now dominates over its gaming revenue, the stock price has surged over 3,500% in the last five years, peaking above $1,000. After a recent stock split, the current price is around $130, making it more accessible for investors. The company's commitment to innovation, strong leadership, and the projected growth of the AI market suggest continued earnings growth. Although the stock is trading at a higher valuation, it remains a promising investment for long-term investors, especially considering Nvidia's plans for future GPU updates like the Blackwell architecture and the potential for growth in the AI market.
Source: YAHOO