Is Nvidia Stock a Buy?
Nvidia (NASDAQ: NVDA) has pulled off a historic rise over the last decade, with its share price up more than 25,000% since 2014. The company has taken the chip market by storm, almost singlehandedly building the consumer chip industry into what it is today.
Nvidia was one of the first companies to begin selling graphics processing units (GPUs) directly to customers, who use these chips to build high-performance PCs for activities like gaming and video editing.
The chipmaker's direct-to-consumer business remains lucrative, with its gaming segment up 18% year over year in the first quarter of fiscal 2025. Nvidia's success in desktop GPUs has given it the brand power and financial resources to expand to multiple other sectors, including artificial intelligence (AI), cloud computing, healthcare, government, robotics, and self-driving vehicles.
Source Fool.com
