Is Nvidia Stock a Buy Before May 28?

Few companies have benefited more from the artificial intelligence (AI) hype cycle than Nvidia (NASDAQ: NVDA), as it makes billions by designing the hardware needed to run and train these advanced algorithms. However, in recent times, the company has run into challenges as Chinese competition and international trade disputes weigh on investor optimism. Nvidia's shares are currently down by roughly 10% from an all-time high of $149 reached in January. But is this dip a buying opportunity or a signal for investors to stay far away? The company's first-quarter earnings report expected on May 28 will give us important clues about what the future might bring.The hardest part about being a winner is that everyone expects you to keep winning. Expectations are high, and it's easy to see why. In the fiscal fourth quarter, Nvidia's revenue surged by 78% year over year to $39.3 billion, driven by strong demand for its new Blackwell graphics processing units (GPUs) designed to maximize the training speed of AI models.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool