A.I. superstar Nvidia may have smashed Wall Street’s expectations on Wednesday with stellar quarterly earnings, but analysts are divided over whether now is the time to buy into a stock that has more than tripled since the start of the year.
Back in May, a bullish outlook from CEO Jensen Huang saw it land the one of the largest single-day gains in value in U.S. history, adding nearly $200 billion to its market cap. The upward trend has continued unabated, with shares briefly touching a record high this week ahead of the company’s quarterly report.
