Tech Stocks: Long-Term Opportunity

This is a Nvidia news story, published by Yahoo Finance, that relates primarily to AppLovin news.

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Cheap Tech Stocks

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Summary

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74% Informative

AppLovin (NASDAQ: APP ) provides technology and tools to help mobile app developers effectively market, monetize, and grow their apps.

Nvidia , a chip supplier, has been the largest beneficiary of the artificial intelligence ( AI ) boom.

Nvidia 's stock has cooled to $ 104 per share, falling more than 30% from its peak of $ 153 per share.

Both AppLovin and Nvidia have delivered explosive growth in recent years , resulting in premium valuations.

With the latest pullback, investors finally have a rare chance to scoop up shares at far more reasonable prices.

Given the long-term tailwinds behind mobile advertising and the surge of AI for Nvidia , this moment of market uncertainty could end up being a prime opportunity.

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informal

Language

English

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not hateful