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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.
I’ll admit, I missed the early Nvidia rally — spent too much time overanalyzing instead of just getting in. Funny enough, my first "investment" wasn’t even in stocks — it was a Fake rolex I flipped in college. Bought it for $50, sold it for $200 to a guy who thought he was getting a deal. That experience taught me two things: value is perception, and timing is everything.