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price hikes NvidiaThe Motley Fool
•73% Informative
Nvidia is up 3,000% in the last five years , making it one of the best performing stocks ever.
The chipmaker and provider of artificial intelligence ( AI ) computing infrastructure now has a market cap topping $3 trillion .
Amazon , Google , Microsoft , and Google are spending over $10 billion a year on Nvidia chips.
Amazon is now making its own chips called Inferentia and Trainium that directly compete with Nvidia .
Nvidia is still a quality business but not one that deserves to trade at a market cap of $3 trillion right now.
This makes Nvidia stock incredibly risky, which is why I predict its monster stock run is coming to a close.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 792,725 !.
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