The red-hot chipmaker is still the best-in-breed play on the booming AI market.
Posted: Wed Sep 20, 2023 7:31 am
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.
(full story)
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.
(full story)
