NVIDIA Stock - AI Stock With a Growth Problem

01/04/2023 17 min

Listen "NVIDIA Stock - AI Stock With a Growth Problem"

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Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Signup now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/PKK59czfez8.

NVIDIA stock is up over 80% this year because of hype around generative AI. If you're investing in NVDA stock then you've probably noticed their revenue growth has stalled. The growth problem largely surrounds the drop in Gaming revenues which directly results from the pullback in cryptocurrency mining which led to a drop in demand for gaming cards which made the prices plummet. Now, NVIDIA sees their future growth coming from the emergence of generative AI where all companies will be soon building AI factories to process their data exhaust and make better decisions.

Should you buy or sell NVDA stock? Our NVIDIA stock analysis breaks it down and the accompanying research piece defines a price target at which we'd buy NVIDIA stock were we not holding it already. Investing in NVIDIA makes sense as a way to play the growth of AI, just make sure it's at a fair valuation.