Fool.com contributor Parkev Tatevosian discusses an interesting scenario for Nvidia (NVDA 1.28%) customers.
*Stock prices used were the afternoon prices of May 28, 2024. The video was published on May 30, 2024.
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Why Would Any Business Buy Nvidia Chips Today?
By Parkev Tatevosian, CFA
–
May 31, 2024 at 4:00AM
NASDAQ: NVDA
Nvidia
Market Cap
$3.9T
Today's Change
(1.28%) $2.02
Current Price
$159.26
Price as of July 3, 2025, 12:58 p.m. ET
Nvidia is rapidly innovating its offerings, which could make older chips obsolete in a short time.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Nvidia
NVDA
$159.26
(1.28%)
$2.02
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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