2024-07-13 18:50:00 ET
Artificial intelligence (AI) is one of the hottest industries for investors right now. Semiconductor darling and data center specialist Nvidia (NASDAQ: NVDA) is considered by many on Wall Street to be a lucrative opportunity for AI enthusiasts.
With shares of Nvidia up over 170% so far in 2024, some investors may think they've missed the boat.
Let's take a look at what is going on at Nvidia, and assess if now is still a reasonable time to scoop up some shares.
For further details see:
Is It Too Late to Buy Nvidia Stock After Its 10-for-1 Split?