Nvidia Is Not in a Bubble: You Should Be Buying This Artificial Intelligence (AI) Stock Hand Over Fist Before It Soars
Nvidia's (NASDAQ: NVDA) stunning artificial intelligence (AI) surge has left investors and analysts in awe. Shares of the chipmaker, which originally made its name as a manufacturer of graphics cards for personal computers (PCs), have jumped nearly sixfold since the beginning of 2023.
However, this big jump has created doubts in certain corners of Wall Street that Nvidia stock may be in a bubble. From comparisons with the dot-com bubble of 1999 to a potential decline in AI-related demand for its chips, to its expensive valuation, there are multiple reasons why some believe that Nvidia is a bubble waiting to burst.
But a closer look at the AI market in general and Nvidia in particular will illustrate why the company is far from being in a bubble.
Source Fool.com
