3 Reasons Nvidia Is a Must-Buy for Long-Term Investors
Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks over the past few years. However, with artificial intelligence (AI) still looking like it is in its early days, the stock looks like it should continue to be a winner over the long term.Let's look at three reasons Nvidia is a must-buy for long-term investors.The biggest driver of Nvidia's growth will continue to come from AI infrastructure spending. The company's graphics processing units (GPUs) have become the backbone of AI training and inference and, as such, tend to greatly benefit from increased AI infrastructure spending.Continue reading
Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks over the past few years. However, with artificial intelligence (AI) still looking like it is in its early days, the stock looks like it should continue to be a winner over the long term.
Let's look at three reasons Nvidia is a must-buy for long-term investors.
The biggest driver of Nvidia's growth will continue to come from AI infrastructure spending. The company's graphics processing units (GPUs) have become the backbone of AI training and inference and, as such, tend to greatly benefit from increased AI infrastructure spending.
