5 Things to Know About Nvidia Stock
Nvidia (NASDAQ: NVDA) has captivated Wall Street this year as its business has exploded alongside a boom in artificial intelligence (AI). The company's years of dominance in graphics processing units (GPUs) perfectly positioned it to cash in on a spike in demand for AI chips. Meanwhile, its competitors have yet to catch up.
Excitement over AI has seen Nvidia's stock reach record heights this year, a stark contrast from the 50% plunge its share price took in 2022 amid an economic downturn. The company is on a promising growth trajectory, with its stock an attractive option heading into the new year.
As a result, now is an excellent time to learn more about this tech giant and potentially invest. So, here are five things to know about Nvidia stock.
Source Fool.com
