$100 or $300? Which will come first for the Nvidia share price?
Nvidia (NASDAQ: NVDA) doesn’t seem to have a reverse gear. Time after time, the Nvidia share price is called expensive. And on every single occasion (so far), it has surged to new heights. Things might be changing, however.
The AI revolution has been the major catalyst driving Nvidia upwards. But it could also be its Achilles heel. The Bank of England and head of JP Morgan Jamie Dimon have both said that a correction could be on the horizon, perhaps in the next six months to two years.
What does that mean for Nvidia shares? Will they keep rocketing up to $300 and beyond? Or is a correction back down to $100 on the cards? And which of those two figures is likelier to happen first? Here’s what I…
