"Nvidia's Soaring Stock and Sovereign AI: A Game-Changer for Investors"
Originally Published 1 year ago — by MarketWatch
Nvidia's stock price has not kept pace with its soaring earnings, leading to a multiple contraction over the last two-plus years. Despite this, the company's margins in the chip space are impressive, and its stock surged 16% after beating revenue expectations for the fourth quarter. Nvidia's market cap now surpasses that of Amazon and Alphabet, and its stock has climbed 237.2% over the last 52 weeks.