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1 Green Flag for Nvidia Stock in 2023, and 1 Red Flag

TheMotleyFool

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1 Green Flag for Nvidia Stock in 2023, and 1 Red Flag: https://g.foolcdn.com/editorial/images/750441/ai-robot.jpg

Nvidia's (NASDAQ: NVDA) market cap recently crossed $1 trillion, joining an elite club of tech stocks. Data centers are scrambling to upgrade their computing horsepower for artificial intelligence (AI) training, which made Nvidia's revenue go parabolic.

Wall Street analysts expect the company's revenue to double to $54 billion this year, but some investors wonder if Nvidia's growth is already baked into its high valuation. This is a good time to weigh the opportunities and potential headwinds that face Nvidia over the next year.

Here's one green flag and one red flag for this top AI stock.

Source Fool.com

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