15 Aug 2023 06:39
invezz
invezz
Nvidia stock forecast: irrational valuation but don’t short
Nvidia (NASDAQ: NVDA) stock price rally regained steam as the artificial intelligence hype continued. The shares regained the resistance level at $440 as it jumped by more than 5%. This rally will likely continue after reports that Saudi Arabia and UAE were buying thousands of GPUs for their AI investments. Good company, questionable valuation Nvidia […] The post Nvidia stock forecast: irrational valuation but don’t short appeared first on Invezz.