Nvidia Stock Has Risen 1,500% in 3 Years: Is It in a Bubble?

Given the performance of Nvidia (NASDAQ: NVDA) stock over the past few years, one could forgive casual observers for assuming it is in a bubble. The stock is up by around 1,500% from the cyclical bottom it sank to three years ago, and some of its valuation metrics may leave investors wondering if it is more than just "overvalued."Still, investors also have to remember that its semiconductors are the foundation that the artificial intelligence (AI) industry has been built upon. With its chips still holding a dominant market share in the data center GPU segment, and with Nvidia unable to boost supply fast enough to match the current level of demand, investors should take a closer look at the stock before writing it off as being in a bubble.Image source: Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool