If You'd Invested $10,000 in Nvidia Stock 5 Years Ago, Here's How Much You'd Have Today
Nvidia (NASDAQ: NVDA) has helped transform the world and absolutely crushed the market over the last five years. The rise of the company's graphics processing units (GPUs) as essential computational hardware for training and running artificial intelligence (AI) applications has helped power incredible sales and earnings growth, and investors who have taken a long-term-holding approach to the company have been richly rewarded.
Over the last five years, Nvidia stock has delivered share price gains of roughly 1,500%. That means that a $10,000 investment in the company half a decade ago would now be worth roughly $160,000. The AI hardware leader has delivered incredible wins for long-term shareholders, and forthcoming chapters in its growth story seem to hold plenty of promise.
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Source Fool.com
