Nvidia stock may have peaked due to declining margins and increased competition
From Nasdaq: 2024-11-25 05:21:00
The internet revolutionized business growth 30 years ago, with AI now propelling corporate America forward. Nvidia’s market value has soared from $360 billion to $3.6 trillion as it dominates the AI sector. However, declining gross margins and increased competition may signal a peak for Nvidia stock, reminiscent of past tech bubbles. Investors should cautiously consider the future of AI technology.
Read more at Nasdaq: Has Nvidia Stock Topped? A Single Metric Offers a Very Clear Answer.