Nvidia Stock Makes New All-Time Highs: Still a Buy?

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NDX +0.17% Add to/Remove from Watchlist INTC -0.83% Add to/Remove from Watchlist NVDA +1.70% Add to/Remove from Watchlist AMD +2.11% Add to/Remove from Watchlist Is the market actually underestimating Nvidia's (NASDAQ: ) chip demand in the near future? Nearly a week after the last Nvidia coverage, the stock reached an all-time high of $538 per share on Tuesday. The AI-powered stock has now tracked an 8.46% performance since the new year. A week ago, DA Davidson analysts forecasted a , projecting a U-turn within the next two to six quarters as the AI hype balloon is popped. “While we continue...