$NVIDIA (NVDA.US)$ is an amazing company that is poised to harness multiple evolving technologies that are converging together from gaming to artificial intelligence, 5G, autonomous driving and even Metaverse.
The company's financials are strong, with higher-than-industry profit margins, high revenue growth, and a high return on capital. The company has a higher valuation relative to its competitors, but given the company's higher growth and (6.69, 0.00, 0.00%) margins, I think it's worth it. The failed ARM acquisition was a major disaster and resulted in a massive $1.36 billion expense. I feel like NVIDIA could better protect itself from such a large fee, but I know overcoming regulatory challenges is a problem.
The company will be required to continuously innovate and expand its technology to stay ahead. The stock is fairly valued right now, but it's not exactly cheap, so you may want to wait for a pullback before entering as a long-term investment.