3 Reasons to Buy Nvidia Stock Before May 22 (and 1 Reason to Sell)
If you're an Nvidia (NASDAQ: NVDA) or any type of artificial intelligence (AI) investor, then May 22 is a day you must have circled on your calendar. That's when Nvidia reports Q1 FY 2025 results, which will give investors some clues as to how strong the market is for Nvidia's class-leading GPUs (graphics processing units).
With how big of a move Nvidia's stock has made after previous earnings releases, it may be wise to consider buying (or selling) some shares before then. I've analyzed Nvidia and come up with three reasons to buy and one to sell. So what should you do before May 22?
Nvidia's primary product, the GPU, is vital for AI model development and training. GPUs allow parallel processing, giving them the ability to do multiple tasks at the same time. This is crucial for training AI models, as multiple iterations must occur before an AI model is usable.
Source Fool.com
