How High Can NVIDIA Stock Rise?
Semiconductor giant NVIDIA (NVDA) has been among the top-performing tech stocks globally in recent years. It has returned 8,550% in the last ten years and is up a whopping 25,000% since April 2003. Valued at a market cap of $666 billion, NVDA stock has already surged 85% year-to-date. So, let’s see if NVIDIA stock can reclaim its 12-month high of $281.10 by the end of 2023. The bull case for NVIDIANVIDIA has successfully developed game-changing products over the years, allowing the company to disrupt multiple markets. For example, it invented the GPU (graphics processing unit) in 1999, which s…