Nvidia's stock has surged due to strong revenue, but concerns over AI market profitability.

From Yahoo Finance: 2024-05-22 07:00:00

Nvidia’s stock performance has been outstanding, with a 206% increase in the last 12 months, supported by a 265% jump in fourth-quarter revenue. The company’s dominance in AI chips and high profitability are driving its success. However, concerns about the AI market’s profitability remain, posing a potential risk for Nvidia’s future growth.



Read more at Yahoo Finance: 3 Reasons to Buy Nvidia Stock Right Now (and 1 Reason to Sell)