Is Nvidia Stock a Buy Now?
Nvidia (NASDAQ: NVDA) is considered by some to be the world's leading semiconductor company. Its GPUs power applications in artificial intelligence, virtual reality, and data centers, and its massive growth has sent the stock price to record highs. Its technical lead should help keep it a long-term winner for some time to come.
But all those positives have not helped Nvidia escape the sell-off in tech stocks, and its stock price has dropped more than some of its mega-tech counterparts. Amid this drop, investors may want to consider putting off additional purchases of the chip stock for one critical but overlooked reason.
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Source Fool.com
