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It isnāt news that NVDA has done more than well this year. No doubt AI programs have become a workable business model for them. Question then is how does it translate for long-term?
Is this just a herd mentality leading to the bubble bursting soon? That it will see its own version of a recession down-turn?
Or is the rapid rise this year along with projections of NVDA being the ācheapestā AI stock option enough to keep the rise going? That programs such as ChatGBT will continue to grow in both functionality and popularity.
I personally think the growth will continue, albeit at a slower pace. Projections and financial reports aside, the interest for AI technology is there. From facial/voice recognition to computer-generated text and art; AI is taking a firm hold into our everyday lives.
But thatās just my two cents and, more importantly, my opinion on the company and stock. What are your thoughts on the company?
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