Think Nvidia Stock Is Too Expensive? Here Are 60 Billion Reasons to Consider Changing Your Mind

No company has benefited more from the artificial intelligence (AI) boom than semiconductor powerhouse Nvidia (NASDAQ: NVDA). If you had invested in the chipmaker on the day that ChatGPT launched (Nov. 30, 2022) and held on, your stake today would be worth roughly 10 times as much.Over the last few years, tech giants including Microsoft, Alphabet, Meta Platforms, Amazon, and Oracle have poured hundreds of billions of dollars in capital expenditures into their AI-related infrastructure -- a significant fraction of which has gone toward equipping data centers with Nvidia's industry-leading chips.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool