Nvidia: Stock growth boosted by AI demand, but with risks on the horizon
- Stock Growth: Shares of Nvidia $NVDA have risen 25% over the past month on strong demand for artificial intelligence (AI) technologies.
- Earnings: The company's revenue rose 122% year-over-year, well ahead of market expectations.
- Market Share: Nvidia $NVDA holds 95% of the global GPU market share.
- Risks: Future growth may be impacted by geopolitical tensions and export restrictions, which may affect the company's future growth and expansion.
I don't care much for Nvidia right now, but I see more potential and opportunity in $AMD.
Well, for me, it will be a nice strategy to take some of the profits by the end of the year now, as the stock just can't just keep going up.
I don't see as much room for growth here anymore. There will be some downturn over time.
I don't own the stock so I don't have to deal with buying or selling, but if I had to guess, I think $NVDA will continue to rise for a while.
Shares of $NVDA will certainly continue to rise for some time, but that growth is likely to slow over time.
Shares of $NVDA will certainly continue to rise for some time, but that growth is likely to slow over time.
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So I sold the smaller part of my position at $122, but I'm still holding the larger one :) I'm wondering whether to sell 75% of the current position soon (around $140). I'm not sure how much more up it can go.
Looks like a run to new highs. The indices are high too, so it could work :)