Nvidia stock is up over 900% since 2023. Here's why it's still a screaming buy.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Here's the Worst-Case Scenario for Nvidia Stock
If AI models stop improving meaningfully regardless of how much computing power is used, Nvidia stock will be in trouble. The AI industry was rocked in recent days with the release of an open source AI model from Chinese start-up DeepSeek that can compete with the best AI models from U.
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
US chipmaker Nvidia has suffered the largest stock market slump in history after the emergence of an advanced Chinese ...
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