Should You Buy Nvidia Before Jan. 6, 2025?

Nvidia (NASDAQ: NVDA) has delivered investors a year full of records, milestones, and successes. The top artificial intelligence (AI) chip designer has reported its highest revenue ever quarter after quarter and was invited to join the prestigious Dow Jones Industrial Average. In addition, Nvidia says demand for its new Blackwell architecture is soaring. On top of this, the tech giant's stock has climbed about 160% this year, making it the best performer in the Dow.As the AI boom continues, Nvidia looks like the perfect stock to buy in order to benefit. The company holds 80% of the AI chip market and has built an entire portfolio of related products and services. Today's $200 billion AI market is forecast to reach beyond $1 trillion by the end of the decade, and Nvidia's well-positioned to benefit.But when exactly should you buy Nvidia stock? It's true the stock could react to any comments from the company about its innovations, general demand for its products, or the progress of the Blackwell launch. And that makes me think of a particular event that's coming up on Jan. 6, 2025. Should you buy Nvidia shares before that date? Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool