NVDA Is Unstoppable in the AI Race.
Being the king of AI chip stocks, Nvidia is surely a piping hot stock every long-term growth investor is itching to own. Surging nearly 250% in 2023, Nvidia stock is up more than 85% year-to-date, and showing not signs of slowing down anytime soon.
Of course, most of this drastic valuation increase has to do with Nvidia’s stranglehold on the high-performance computing market. The company’s AI semiconductors and GPUs are the dominant option for companies worldwide looking to create AI applications and run interfaces in this high-growth space. Until that changes, this rally really does look unstoppable. $NVIDIA (NVDA.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment