Nvidia's Market Value Hits Record $1.5T As AI Powers More Gains
Nvidia's stock price is already up 24% in 2024, extending an AI-powered run that's turned the chipmaker into a trillion-dollar company.
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Nvidia's stock price is already up 24% in 2024, extending an AI-powered run that's turned the chipmaker into a trillion-dollar company.
The company's stock skyrocketed in 2023, but it still has plenty of room left to run in the new year.
Buffett's latest acquisition, Pilot, made over $55 billion in nine months in 2022, surpassing annual revenues at Starbucks or McDonald's that year.
Wall Street expects these two chip stocks to capitalize on AI adoption along with Nvidia, and they are trading at attractive levels right now.
The company's dominance is unlikely to dissolve even though competition is heating up in the AI chip market.