Nvidia Stock Correction: 25 Years of History Offers Its Take on How Far the Leading Artificial Intelligence (AI) Company Might Plummet

Although stock-split euphoria has taken hold in 2024, there isn't a bigger trend on Wall Street than the rise of artificial intelligence (AI).The loose definition of AI involves the use of software and systems in place of humans for specified tasks. What gives this technology such broad-reaching potential spanning virtually every sector and industry of the global economy is the ability for AI-driven software and systems to learn without human intervention. Becoming more proficient at existing tasks over time, perhaps even learning new skills, gives AI the potential to add an estimated $15.7 trillion to the global economy by 2030, according to analysts at PwC.No company has benefited more directly from this game-changing innovation than semiconductor colossus Nvidia (NASDAQ: NVDA).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool