10.01.2025 12:00:00

This Artificial Intelligence (AI) Stock Could Be the Best Investment of the Decade

The best way to generate wealth is to invest while keeping the years and decades ahead in mind. Businesses that are successful have likely spent years innovating and evolving.That describes Nvidia (NASDAQ: NVDA) well as it originally developed leading central processing unit (CPU) computer chips used in gaming and eventually cryptocurrency mining applications. Now it's the leading supplier for artificial intelligence (AI) applications.Nvidia has been all the rage among market watches recently, but the company has been around for over 30 years. It's been publicly traded since early 1999. CEO Jensen Huang was among the founders who initially aimed to develop graphics chips for personal computers. Its CUDA (compute unified device architecture) software platform was launched almost 20 years ago, and it is now an important part of the investment case.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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