Posted 3/5/2024, 3:10:00 PM
Nvidia Investors Reap 500% Gains in 3 Years As AI Leader Cements Dominance
- Nvidia stock has gained over 500% in the past 3 years thanks to its leadership in AI chips and software
- Investors who put $100k into Nvidia stock 3 years ago now have over $600k
- Nvidia aims to cement its lead in GPUs and expand software offerings
- For Nvidia to gain another 500% ($100k to $600k), its valuation would have to reach $5 trillion
- While risky to bet it all on one stock, Nvidia remains a great AI investment choice due to strong growth drivers