3 Reasons to Buy Nvidia Stock Like There's No Tomorrow

It's always a good idea to monitor what myriad industry participants say about the market before buying into a stock, and that's definitely the case with Nvidia (NASDAQ: NVDA). The technology company's main demand driver is spending on artificial intelligence (AI) and the data centers necessary to support its growth.Despite many fears and analyst questions in the recent earnings calls, there's no real sign of weakening AI demand and spending on data centers. On the contrary, there's plenty of evidence suggesting that data center demand is holding up or even accelerating. Here are three reasons:There was nothing wrong with AI and data center spending in the first quarter. Google parent Alphabet), said growth in its AI products was "much higher" than Google Cloud's 28% revenue growth rate in the quarter. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool