Reported 4 months ago
Nvidia's stock performance has been remarkable, with a 24,000% increase over the past decade. Despite concerns of a speculative bubble, the company's first-quarter earnings report indicates justifiable growth driven by high demand for GPUs used in AI. Nvidia's new AI chips are expected to maintain its lead, resulting in increased profitability and value for shareholders. However, there are risks associated with the AI industry's software side not matching hardware growth. While Nvidia's stock remains relatively affordable, investors should be cautious in the next year due to tougher comps and valuation challenges.
Source: YAHOO