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23.08.2024 09:40:00

10 Reasons to Buy Nvidia Stock Like There's No Tomorrow

One of the biggest investing developments of the past couple of years has been the opportunity represented by artificial intelligence (AI), and arguably no company is better positioned to profit from this secular tailwind than Nvidia (NASDAQ: NVDA). The chipmaker has become the poster child for the AI revolution, giving it the pole position in a large and growing opportunity.Generative AI is expected to add between $2.6 trillion and $4.4 trillion to the global economy over the coming decade, according to McKinsey & Company, and Nvidia is at the leading edge of the trend. That massive opportunity is one of many reasons that investors should be buying Nvidia stock like there's no tomorrow. Let's look at a few others.Nvidia's Blackwell AI chip. Image source: Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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