The Biggest Risk to Nvidia's Stock Price That Almost Nobody Is Talking About
There's one under-the-radar risk that could threaten its reign.
Overview
The beating heart of the artificial intelligence (AI) boom is, without a doubt, Nvidia (NASDAQ: NVDA). The chipmaker's graphics processing units (GPUs) -- the specialized chips that do the heavy math behind AI -- power the data centers that train and run ChatGPT, Claude, and the vast majority of AI models.
It's no surprise, then, that Nvidia has managed a multiyear win streak nearly unmatched in the modern era. In its fiscal 2022, the company booked $26.9 billion in revenue. Over the last 12 months, it booked nearly 10 times that -- $253.5 billion.
Details
The stock has followed suit, up more than 600% since January 2022.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.