AI Adoption, Nasdaq Surge
This is a news story, published by Yahoo Finance, that relates primarily to Nvidia news.
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•Nvidia is the de facto standard bearer for the generative AI industry
79% Informative
Nvidia (NASDAQ: NVDA ) has become the de facto standard bearer for the generative AI industry.
The company is scheduled to report its fiscal 2025 third-quarter results in less than three weeks .
Nvidia 's sales have surged since the start of last year , driving the stock up 833% .
The key to Nvidia 's success has been the performance of its graphics processing units (GPUs).
No one can say for sure how Nvidia stock will react to the report -- even if the company exceeds expectations.
For investors looking for stocks to hold for years and decades rather than weeks and months , Nvidia is a clear choice to benefit from the AI revolution.
Trading at roughly 32 times next year's earnings, it's still attractively priced.
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