Article discusses reasons to buy Nvidia stock, including AI infrastructure boom and strong competitive moat.

From Nasdaq: 2024-09-07 04:40:00

Nvidia stock has surged an astonishing 2,430% over the past five years, sparking debate on whether it’s still a good investment. Reasons to consider include Nvidia’s position in the AI infrastructure boom, with Meta Platforms and Alphabet forecasting massive GPU demand. Nvidia’s software unit forms a strong competitive moat, backed by constant innovation and a relatively low valuation.



Read more at Nasdaq: 4 Reasons to Buy Nvidia Stock Like There’s No Tomorrow