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WKN: 918422 / ISIN: US67066G1040

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01.09.2024 12:02:00

Is It Too Late to Buy Nvidia Stock?

When it comes to stocks where investors appear to have taken an interest too late, most will probably think of Nvidia (NASDAQ: NVDA). The stock has surged higher by more than 950% since late 2022, when it emerged as the dominant company for AI chips. Moreover, its fiscal second-quarter revenue and earnings exceeded expectations, a result likely to keep the semiconductor stock's valuation in the stratosphere.Nonetheless, the growth of the subsector it spearheaded, AI chips, is massive. Thus, investors should take a closer look at Nvidia to see if they are truly too late to capitalize on Nvidia's remaining growth potential.Much like previous quarters, Nvidia delivered impressive results for the second quarter of fiscal 2025 (ended July 28). The company continues to benefit from solid demand for its Hopper chip and has begun shipping samples of its highly anticipated Blackwell chip to its customers and partners.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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