Is Nvidia a Millionaire-Maker?
Nvidia (NASDAQ: NVDA) probably has helped many investors along their path to wealth in recent times. The top technology company, which jumped into the forefront thanks to its artificial intelligence (AI) chips, has seen its shares climb nearly 400% in just under 14 months. So, if you'd invested $50,000 in Nvidia at the start of that time period, today your investment would be worth about $250,000.
Investors have piled into Nvidia because the company's chips dominate the AI market, holding a share of more than 80%. And considering the AI story is just getting started, a lot more growth may be ahead. Does this mean Nvidia could help you become a millionaire, even after its phenomenal gains so far? Let's find out.
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Source Fool.com
