*Not financial advice*... but this is why I am buying NVIDIA (but I'm not asking you to)

By LeftFooted | Cars & tech | 5 Aug 2024


I want to make it plain from the start, I'm not gonna tell you what I'm gonna tell you in order to convince anybody of anything.


I'm just breaking down the reason why I'm buying NVIDIA.


I'm heavy into crypto but I also try and diversify, I don't own too many stocks, but I've decided to buy more NVIDIA in the coming months.


For the longest time, NVIDIA was like 'oh yeah the company that does stuff for games or gamers or whatever', but then people realised they were also making components that are vital to the development of AI.


Yes, but more to the point, they're also making components for self-driving cars.


I don't personally love the idea of driverless cars, but the market is clearly going in that direction. Google, Amazon and Tesla are heavily invested (and investing) into this technology, and Zoox, which is owned by Amazon, has just announced a new partnership, indeed with NVIDIA.


So yeah, don't buy NVIDIA, but I will.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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