Legendary fund manager drops bombshell call on Nvidia stock
Nvidia’s (NVDA) ascent shows no signs of slowing down. The AI-powered chipmaker briefly crossed a $4.5 trillion market cap recently, solidifying itself as the heaviest weight in the S&P 500 at roughly 8% and the crown jewel of the Magnificent 7 (which makes up more than a third of the index). Year-to-date, Nvidia stock is up nearly 40%, with an additional 20% gain in the past three months. Clearly, its dominance in the AI space is unmatched. The company’s proposed $100 billion partnership with OpenAI ...