4 Reasons to Buy Nvidia Stock Like There's No Tomorrow
Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks over the past five years, up an astonishing 2,430%. Given those gains, the question many investors ask now is whether it is too late for new investors to buy in and see above-average returns.
Let's look at four reasons why Nvidia stock is still worth buying like there is no tomorrow.
Nvidia has been a huge beneficiary of the heightened interest in artificial intelligence (AI), as its graphic processing units (GPUs) are the backbone of the computer server infrastructure used to train large language models (LLMs) and run AI inference. So far, demand for its GPUs and other chips has been insatiable as cloud computing companies and other tech juggernauts ramp up their AI-related spending, trying to stay ahead of the demand curve.
Source Fool.com
