The recent years for Nvidia Corporation have been marked by almost a monopoly, and the open globalized world offered many chances and markets for sales. Today, the situation looks somewhat different — growing competition, including from AMD, and U.S. sanctions on China create a more complicated environment.
Interestingly, and what may indicate a trend among individual investors, is the correlation between searches for terms like “AI” or “artificial intelligence” and the behavior of NVIDIA’s stock price. These shares are definitely some of the most fashionable papers of 2023. Will anything change in 2024?