Fool.com contributor Parkev Tatevosian discusses an interesting scenario for Nvidia (NVDA 1.83%) 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
$4.2T
Today's Change
(1.83%) $3.17
Current Price
$176.67
Price as of July 28, 2025, 3:58 p.m. ET
Nvidia is rapidly innovating its offerings, which could make older chips obsolete in a short time.
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.
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
$176.67
(1.83%)
$3.17
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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