Is Nvidia A Buy . Best Buy MSI NVIDIA GeForce RTX 4090 GAMING X TRIO 24G 24GB DDR6X PCI Express 4.0 Graphics Card Here is Morningstar's take on Nvidia's results and the outlook for its stock. Nvidia's gaming GPU business has often seen boom-or-bust cycles based on PC demand and, more recently, cryptocurrency mining
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As of October 2024, the company held $38.5 billion in cash and investments, compared with $8.5 billion in short-term and long-term debt. After surging over 238% in 2023, the stock has soared approximately 164% this year, as of this writing.
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