Nvidia Just Became the World's Most Valuable Company. Is It Too Late to Buy the Stock?
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Nvidia has become the world's most valuable company, with its stock price surging over sevenfold in the past two years. The stock rose 4.1% recently, driven by the AI boom and a new U.S. government initiative called Stargate, which aims to enhance AI infrastructure with significant investments. Nvidia holds a dominant 98% market share in data center GPUs, and despite its high valuation, analysts suggest it remains a good investment opportunity due to its growth potential and attractive pricing at 32 times next year's expected sales.
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