NVDA stock price has surged by 2.92% in the last 24 hours to cement an already existing bullish trend for the stock’s price.
The current NVDA stock price rise can be attributed to the increasing demand for personal computers that implies a strong demand for Nvidia chips.
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To help stock investors interested in investing in Nvidia stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is NVDA stock?
Nvidia stock is the stock of Nvidia Corporation and it trades on the NASDAQ Stock Exchange under the symbol NASDAQ: NVDA.
Nvidia Corporation is an American multinational technology company that designs graphics processing units for the gaming and professional markets, as well as system on chip units for the mobile computing and automotive market.
The corporation is based in Santa Clara, California and it is incorporated in Delaware.
Should I buy NVDA stock today?
If you are looking for a stock that is on the rise, then NVDA is a good option. It has been on the rise since 2019 and the trend is expected to continue rising as the demand for graphic cards increases following the rise of Metaverse.
Nvidia stock price prediction
Nvidia stock (NASDAQ: NVDA) bullish trend is expected to continue following the growing interest for personal computers especially for cryptocurrency and metaverse use cases around the world.
If it maintains the current trend, its price is predicted to hit $400 before the end of the year.
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