1 Artificial Intelligence (AI) Stock That Could Go Parabolic
It’s been a difficult year so far for Nvidia (NVDA 2.39%). Shares were down by more than 30% at one point, wiping more than $1 trillion off the company’s valuation.
After a brief rebound, shares are now down by just 20% year to date. The stock isn’t as cheap as it was a few weeks ago, but this is still an incredible chance for patient investors to lock in a great price for a business that should grow exponentially in the years to come. There’s one reason in particular that should get investors very excited.
Why Nvidia is worth $2.7 trillion
Nvidia is one of the most valuable companies in the world for a reason. Its graphic processing units (GPUs) are some of the best in the world.
For AI applications in…
