Here's Nvidia's Biggest Problem Right Now
Nvidia (NASDAQ: NVDA) once again reported an explosive quarter last week, with revenue and net income soaring in the double digits. Nvidia's stock price surged after the report, crossing the $1,000 mark, as the company pleased investors not only with its earnings momentum but also with news of a stock split -- set for early June. This will bring down the price of each individual share, making it easier for a wider array of investors to buy.
The company, as the artificial intelligence (AI) chip leader, is benefiting as the world turns its attention to AI. This represents great demand, from both companies and governments, for Nvidia's top-performing chip as well as its complete AI systems. And this leads me to Nvidia's biggest problem right now.
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Source Fool.com
