Prediction: Nvidia Will Climb in the Second Half Thanks to This 1 Game-Changing Move
Nvidia (NASDAQ: NVDA) stock has been on fire for the past few years for a very good reason: The company's dominance in the artificial intelligence (AI) chip market. Nvidia holds an 80% share, and due to its commitment to innovation, this leadership could continue. All of this has translated into triple-digit earnings growth and investor optimism about the company's future.
And that helped Nvidia continue its path higher this year, soaring nearly 150% in the first half. The stock has taken a bit of a pause in recent weeks following its stock split, but I don't think this lackluster performance will last for long. In fact, my prediction is Nvidia stock will climb in the second half thanks to one game-changing move the company is about to make.
Image source: Getty Images.
Source Fool.com
