Why Nvidia’s Share Price Could Keep Climbing Beyond This Year
2024 has been a great year for artificial intelligence and particularly for big firms in the space like Nvidia Corp. (NASDAQ: NVDA), whose stocks have gained significantly since January. Despite a recent drop in some shares, analysts are still optimistic when it comes to Nvidia’s stock, expecting that it’ll gain more as demand for the firm’s chips continues to surpass their supply. Jensen Huang, the firm’s CEO, told investors in November that the era of artificial intelligence was here and that the firm was poised to gain as computing scale continued to grow. Of 21 analysts, 20 hold a buy…