Nvidia Just Achieved a Historic Milestone. Why 1 Expert Urges You to "Keep Your Foot on the Gas Pedal."

Nvidia (NASDAQ: NVDA) has just become the biggest company in world history, with its market cap surging above $5 trillion for the first time. Nvidia alone now accounts for 8% of the S&P 500's value. This level of concentration hasn't been seen since the 1970s.One expert is urging investors to keep their "foot on the gas pedal" when it comes to holding Nvidia stock. His rationale makes a lot of sense -- but there's a catch.Tim Urbanowicz, the chief investment strategist at Innovator Capital Management, wasn't surprised to see Nvidia soar past the $5 trillion mark this week. Nvidia's stranglehold on the GPU market is simply undeniable, with most estimates pegging it with a market share of 90% or more. When it comes to artificial intelligence (AI) and machine learning, GPUs are essential components. It's possible that the current AI revolution that is now unfolding wouldn't be possible without these specialized components, which enable parallel mathematical calculations on huge datasets -- a critical process for training and executing complex AI models.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool