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The red-hot chipmaker is still the best-in-breed play on the booming AI market.

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technician
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Joined: Fri Jun 10, 2022 8:51 am

The red-hot chipmaker is still the best-in-breed play on the booming AI market.

Nvidia's (NVDA -1.01%) stock has more than tripled since the beginning of the year. That rally was driven by the explosive growth of the artificial intelligence (AI) market, since its data center GPUs are widely used to process advanced AI tasks.

However, investors might be reluctant to invest in Nvidia after those massive gains. Let's review its growth rates and valuations to see if it's still a worthwhile investment on the AI market.

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igorad
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Joined: Mon Jun 06, 2022 8:19 am
Location: Ukraine

NVIDIA new High

NVIDIA stock's new high through the lens of FractalsMD and FractalChannelMD indicators.

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jagadish123
Posts: 41
Joined: Sat Dec 31, 2022 8:21 am

Re: The red-hot chipmaker is still the best-in-breed play on the booming AI market.

Seems very promising, Please provide some more details how to trade FractalsMD & Channels? where to enter/sl & trgt?

Will be very heplfull.

Regards,
Jag
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