Investors hopeful about AI boost, but caution needed as Nvidia faces competition and declining margins.

From Nasdaq: 2024-09-05 05:06:00

The rise of artificial intelligence (AI) has investors hopeful, with PwC estimating a $15.7 trillion boost to the global economy by 2030. Nvidia leads in AI hardware, overwhelming demand and increasing prices. However, history shows caution is needed, as most next-big-thing innovations experience bubble bursts. Competition and declining margins pose challenges for Nvidia’s dominance in the AI market. Investors should proceed with caution when considering investing in Nvidia.



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