Should You Buy Nvidia Before the Blackwell Launch? Here's What History Says
Nvidia (NASDAQ: NVDA) has been a stock market star over the past few years, soaring alongside demand for its artificial intelligence (AI) chips. The company dominates the AI chip market, with its graphics processing units (GPUs) holding an 80% share. And this has helped revenue climb in the triple digits quarter after quarter. As a result, Nvidia stock has advanced more than 2,700% over the past five years.
And Nvidia has a potentially big development just ahead. The technology giant is set to launch its new Blackwell architecture and chip later this year. The company expects to ramp up production in the fourth quarter and even generate major revenue from the platform. Should you buy Nvidia stock before this big launch? Let's take a look at what history says.
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Source Fool.com
