3 Things About Nvidia That Smart Investors Know
Whether you're a professional stock trader or take a more casual approach to investing, chances are you know 2023 has been all about artificial intelligence (AI).
The launch of OpenAI's ChatGPT last November stunned the tech world with its ability to produce human-like dialogue and kicked off an AI race among some of the world's biggest companies. It seems nearly every earnings call held by a tech company these days is centered around AI and how they're going to cash in on the current boom.
One of the companies to benefit most from the AI frenzy has been Nvidia (NASDAQ: NVDA). It is one of the few producing chips capable of running and developing AI models, making it an invaluable resource to the sector. As a result, bullish investors have boosted Nvidia's stock 190% since Jan. 1.
Source Fool.com