Nvidia Stock Plummets Amid AI Concerns
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solid AI stockThe Motley Fool
•Forget Nvidia: This Top Artificial Intelligence (AI) Stock Is Skyrocketing and Can Soar Higher
81% Informative
Nvidia has been a bellwether in the artificial intelligence ( AI ) space thanks to its graphics processing units.
Nvidia 's quarterly revenue jumped an impressive 122% year over year to $30 billion last quarter .
Meanwhile, another AI company that recently released its results has seen its stock price zoom higher despite growing much slower than Nvidia .
Oracle is trading at an attractive 25 times forward earnings, a discount to the Nasdaq-100 index's earnings multiple of 31 .
This AI stock could fly higher following the 54% gain it has clocked so far this year .
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 715,640 !.
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