Is Nvidia Stock a Buy After AI Partnerships with Intel and OpenAI?
Shares of semiconductor chip leader Nvidia (NASDAQ: NVDA) have been riding a rocket ship, particularly after the astounding announcements of investments in Intel and ChatGPT creator OpenAI. The stock is up about 40% this year.The deals demonstrate Nvidia's expansion beyond merely selling AI products. The company is taking a larger role in driving changes to the cloud computing market, where artificial intelligence systems are housed.These partnerships mark a new chapter in the company's storied history. Does this mean now is the time to scoop up Nvidia shares? Let's dive into the implications of these deals to find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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