The Ultimate Guide to Investing in Nvidia for Maximum Returns
The AI chipmaker’s stock might seem too hot to handle, unless you follow these rules.
Nvidia (NVDA 0.40%) has been one of the greatest growth stocks in recent history. Over the past decade, the chipmaker’s share price (adjusted for splits) soared by 28,610%. That would have turned a modest $1,000 investment into about $287,100.
That dazzling growth was initially driven by brisk sales of Nvidia’s graphics processing units (GPUs) for video games, as well as to support professional visualization software and cryptocurrency mining. But over the past few years, sales of high-end data center GPUs for processing artificial intelligence (AI) tasks have eclipsed its sales of chips for other uses and become the…
