Calling a spade a spade, there are plenty of reasons NVIDIA Corporation (NASDAQ:NVDA) could, and arguably should, worry investors. Aside from the fact that NVDA stock is priced at a frothy 51.9 times its forward-looking earnings, rivals Advanced Micro Devices, Inc. (NASDAQ:AMD) and Intel Corporation (NASDAQ:INTC) have finally figured out they’re going to have to team up to slow Nvidia’s growing dominance in artificial intelligence (AI) as well as within the cryptocurrency mining arena.
from Yahoo Finance http://ift.tt/2hjseIW
via IFTTT
Blogger Comment
Facebook Comment