Why Nvidia Might Be the Most Compelling AI Stock for the Next Decade
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Nvidia (NASDAQ: NVDA) caught investors' attention a few years ago as it emerged as a key player in artificial intelligence (AI), a technology with game-changing potential. Many invested early in this stock, betting the company's top AI chips would deliver explosive revenue growth -- and that bet was a winning one.This tech giant's earnings have soared, reaching record levels, and the stock price advanced too -- more than 900% over three years. This is because cloud service providers and other companies have rushed to get in on the graphics processing units (GPUs) that power the most essential of AI tasks.Now, though, after Nvidia's massive earnings and share price gains, you may be wondering whether the company's best days are in the past. After all, competition has increased, and the AI story is advancing into its next stages. Still, the signs we're seeing suggest a lot more growth ahead for this AI superstar. In fact, Nvidia might even be the most compelling AI stock for the next decade. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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