Is Nvidia Stock a Buy as AI Demand Soars?
Nvidia (NVDA) stock has surged nearly 70% in the past six months, recently touching an all-time high of $195.30. While that performance has pushed its valuation higher, Nvidia’s dominant role in artificial intelligence and strong demand may still justify the price. In a recent CNBC interview, NVDA CEO Jensen Huang stated that the past six months have brought an unprecedented surge in AI-driven computing needs, calling it the beginning of a new industrial revolution. He emphasized the overwhelming demand f ...