Nvidia (NASDAQ:NVDA) stock rampaged across the market, rising over 900% over the last two years to hit a $3.5 trillion valuation on insatiable demand for its advanced artificial intelligence chips and CUDA software ecosystem.
Yet an announcement out of China could disrupt the entire landscape. That should worry Nvidia investors as the chipmaker’s stock is premium priced based on the likelihood of continued meteoric growth. The whole investment thesis, however, could come crashing down as the latest AI development shakes the foundation upon which Nvidia was built.
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