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Is Nvidia a Buy?

TheMotleyFool

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Is Nvidia a Buy?Photo, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

At this point, most investors interested in artificial intelligence (AI) know the critical role Nvidia's (NASDAQ: NVDA) AI accelerator chips have played. The resulting growth spurt has propelled the company and its stock to staggering heights. If you're reading this, you're probably wondering whether Nvidia's AI tailwinds can continue and whether the stock is still buyable after soaring over 800% since early 2023.

Yes, the cat's out of the bag on Nvidia and AI. Today, the stock trades over 50 times trailing-12-month earnings, so buyers are banking on the future rather than the past.

What might the future hold for Nvidia? I researched the company's growth prospects to determine whether the stock is a buy today.

Source Fool.com

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