Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sushree Mohanty

Is Nvidia Still the Best AI Stock to Buy Now?

Semiconductor giant Nvidia (NVDA) has established itself as a technology leader, with a strong presence in several high-growth markets. Its stock has rewarded investors handsomely over the years, and the company's future prospects remain promising, thanks to its leadership in artificial intelligence (AI), gaming, and data centers. While many viable semiconductor industry players exist, Nvidia's high-performance GPUs have propelled it to the forefront.

Nvidia stock, valued at $3.13 trillion, has returned 26,069.6% over the last decade. So far this year, the stock has risen 159.5%, crushing the S&P 500 Index's ($SPX) gain of 17.8%. Given the stock's meteoric rise, Nvidia announced a 10-for-1 forward stock split, which took effect June 7, to make its shares more accessible to employees and investors. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.