Has the Nvidia stock train run out of steam?

The semiconductor giant Nvidia (NASDAQ: NVDA) has managed an uncommon rally for a stock already regarded as a blue chip in the last two years, increasing its valuation from $364 billion at the end of 2022 to $3.417 trillion at press time on October 31, 2024.The company’s performance in 2024 – although overall impressive, as it saw a 185.11% year-to-date (YTD) rise to $137.33 – has given rise to concerns about how much room for growth the chipmaker actually has.NVDA stock YTD price chart. Source: FinboldSpec ...