21.06.2024 23:30:00

3 Mind-Blowing Charts That Explain How Nvidia Got to a $3 Trillion Valuation

Nvidia (NASDAQ: NVDA) has quickly become one of the most valuable stocks in the world. And even with its valuation north of $3 trillion, it still wouldn't be surprising to see the artificial intelligence (AI) stock rise even higher in the months and years ahead. Nvidia's success and the reason it can continue to soar higher can be summarized with three incredibly impressive visuals.Free cash flow is an important metric for tech companies and any business that's focused on growth. It represents how much money a company is generating after factoring in its capital expenditures. This effectively tells investors how much room there is for the company to reinvest in its operations. This can include acquiring a company or developing new products.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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