From Nasdaq:

Nvidia stock has seen a 244% increase thanks to the AI demand for data center chips. Third-quarter revenue surged to $18.1 billion, with consumer demand shifting towards more expensive offerings. Nvidia may face competition from cloud service providers and Advanced Micro Devices. Despite a high market cap, the stock offers potential for value investors with its forward P/E ratio of 25. The Motley Fool analyst team does not currently recommend it.



Read more: Where Will Nvidia’s Soaring Stock Be in 3 Years?