Nvidia stock remains rangebound: buy, sell or hold?

Core Insights - Nvidia stock has remained largely range-bound for several months despite strong demand for its artificial intelligence chips [1] - The company is making a notable executive hire as it looks to reinvigorate its growth strategy [1] Company Developments - Nvidia is experiencing strong demand for its artificial intelligence chips, indicating a robust market interest [1] - The recent executive hire is part of Nvidia's strategy to enhance its leadership and drive future growth [1] Market Context - The stock performance of Nvidia has not reflected the strong demand for its products, suggesting potential market inefficiencies or investor sentiment issues [1] - The company's focus on artificial intelligence positions it well within a growing sector, despite current stock price stagnation [1]