Nvidia Stock Is Poised to Rocket From the Booming Space Economy

Nvidia dominates artificial intelligence (AI) chips and infrastructure on Earth – and it's poised to do the same for space applications, both from in-space and Earth, in my view.As such, if you're looking for a "space stock," you might consider Nvidia (NASDAQ: NVDA), as the company is growing like gangbusters, extremely profitable, and lower risk than the pure-play space companies. Most of them are burning cash and will need to spend huge sums on capital expenditures for many years. Granted, Nvidia isn't a pure-play space stock, but I consider the diversity a strength.First, why would an investor want to invest in the space economy?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool