Artificial intelligence (AI) is one of the hottest industries for investors right now. Semiconductor darling and data center specialist Nvidia (NASDAQ: NVDA) is considered by many on Wall Street to be a lucrative opportunity for AI enthusiasts.

With shares of Nvidia up over 170% so far in 2024, some investors may think they've missed the boat.

Let's take a look at what is going on at Nvidia, and assess if now is still a reasonable time to scoop up some shares.

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Source Fool.com