Nvidia Still Rides High After Earnings Beat and AI Hype!

Nvidia Still Rides High After Earnings Beat and AI Hype!

When I bought NVDA last year back in February 2022, it quickly fell into the red, mainly due to the Bear Market that had developed at the beginning of last year.

I was beginning to think I made a bad decision as an investor. But, I kept the faith that their GeForce products of graphics cards, cloud gaming services and now… AI, which is the big upcoming thing in Tech.

Now, with my position in NVDA at 81% profit, I’m mezmerized at how this change surging into positive territory has occurred!

But, I believe that tech stocks are now being fueled by the new hype of AI (artificial intelligence), and other tech companies like IBM and Microsoft are stocks to watch as they too continue to develop and expand into AI with their AI platforms.

Is this just hype?

I don’t think so… the future of AI is here, and it’s just beginning, however scary it might be.

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randomguru

Portfolio Manager & Musician

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