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Nvidia stockThe Motley Fool
•79% Informative
Shares of Nvidia (NASDAQ: NVDA ) surged higher on Wednesday , jumping as much as 4.7% to a new all-time high.
The catalyst was the outcome of the U.S. presidential election and what it means for the future of AI .
As the de facto poster child for advances in AI , what's good for AI is certainly good for Nvidia .
At 34 times forward earnings, Nvidia stock isn't exactly cheap, but it's worth every penny .
VR Score
77
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