25.11.2024 16:30:00
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Nvidia's Growth May Be Cooling, but Here's Why I'm Still Buying
Nvidia Corporation's (NASDAQ: NVDA) shares dipped 3.4% in response to its fiscal 2025 third-quarter results last week, but I see this modest move lower as an opportunity to add to my position. While analysts project the company's revenue growth to slow from 111.9% in fiscal 2025 to 49.2% in fiscal 2026, I remain convinced of this technology giant's fundamental story.I'm particularly excited about the opportunity that lies ahead in artificial intelligence (AI). Major cloud providers plan to invest $267 billion in AI infrastructure next year alone, a 33.5% increase from current levels. This unprecedented buildout positions Nvidia, with its 80% market share in AI chips, at the center of what Amazon CEO Andy Jassy calls a "once-in-a-lifetime" opportunity.Image Source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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