Nvidia, China
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Appaloosa's billionaire boss reversed course in the second quarter by becoming a big-time buyer of Nvidia stock and a seller of the hottest AI-networking company.
Nvidia stock has rebounded from its lows earlier this year, and expectations are mighty high as earnings come into view. While competition is rising, Nvidia remains well positioned to capitalize on a number of emerging infrastructure opportunities.
NVIDIA (NASDAQ: NVDA) has long been the poster child of the artificial intelligence revolution. The company dominates GPU chipmaking, which powers cloud computi
Sticking with industry leaders is all an investor needs to do to run circles around the market indexes. The Nasdaq Composite has returned 26% over the past 12 months, but leading stocks like Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META) have doubled that return.