Fool.com contributor Parkev Tatevosian discusses an interesting scenario for Nvidia (NVDA +2.92%) customers.
*Stock prices used were the afternoon prices of May 28, 2024. The video was published on May 30, 2024.
Why Would Any Business Buy Nvidia Chips Today?
By Parkev Tatevosian, CFA – May 31, 2024 at 4:00AM EST
NASDAQ: NVDA
Nvidia
Market Cap
$4.5T
Today's Change
(2.92%) $5.36
Current Price
$189.05
Price as of December 23, 2025 at 3:58 PM ET
Nvidia is rapidly innovating its offerings, which could make older chips obsolete in a short time.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Nvidia
NASDAQ: NVDA
$189.05 (+0.03%) $+5.36
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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