Will Nvidia stock climb to $1,000?

In October 2022, the semiconductor giant Nvidia (NASDAQ: NVDA) entered into a new phase in the stock market which has seen its shares do little other than rise. Indeed, starting the period at approximately $120, NVDA rose over the 15 months to an impressive $926.69 at the latest close on March 7, 2024.The boom was generally driven by Nvidia’s continuous benefiting from the ongoing artificial intelligence (AI) boom in a manner likened by a study published by one Paris-based IT company to the shovel-selling d ...