Nvidia (NASDAQ: NVDA) has become the second-largest company in the world, with a market capitalization of $3.3 trillion as of this writing. The semiconductor giant's impressive rise can be justified by the phenomenal increase in its revenue and earnings over the past couple of years,

The cyclical nature of chip stocks could affect Nvidia stock in the near term. Unfortunately for investors who want to buy Nvidia shares, its success has made determining whether it is a buy now a more difficult problem.

Investors were not impressed by Nvidia's quarterly performance and outlook even though it handily beat Wall Street's expectations thanks to the booming demand for its artificial intelligence (AI) chips.

It’s hard to imagine any of Nvidia’s rivals being able to replicate the company’s magic 2024. In the third quarter of 2024, Nvidia reported revenue of $35.1 billion, marking

Nvidia still carries the stock-boosting power, but its strength may be waning as some investors wonder how long it will last. According to a recent Bloomberg report, Nvidia founder Jensen Huang’s praise of Samsung Electronics memory chip capabilities last Wednesday prompted a 3% jump in the company’s shares.