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Barchart
Amit Singh

Is Nvidia Stock a Buy as AI Demand Soars?

Nvidia NVDA OpenAI

Nvidia (NVDA) stock has surged nearly 70% in the past six months, recently touching an all-time high of $195.30. While that performance has pushed its valuation higher, Nvidia’s dominant role in artificial intelligence and strong demand may still justify the price.

In a recent CNBC interview, NVDA CEO Jensen Huang stated that the past six months have brought an unprecedented surge in AI-driven computing needs, calling it the beginning of a new industrial revolution. He emphasized the overwhelming demand for Nvidia’s next-generation Blackwell chips, which are central to the training and deployment of advanced AI models capable of complex reasoning.

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