Chipmaker’s business should keep growing strong, but its expensive stock may be in for a breather
Nvidia to date has said nothing about plans to build flying cars. Which is a shame, as its stock has clearly figured out how to defy the laws of gravity.
The company, whose graphics processing chips are becoming key components in the artificial-intelligence systems being built into data centers and automobiles, saw its market value double in 2017 after tripling the year before. It has picked up another 16% not two weeks into the new year.