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Google ex-CEO Eric Schmidt thinks Nvidia stock is a buy
Aug 16, 2024 • Fortune
Former Google CEO Eric Schmidt has expressed his confidence in the potential of Nvidia stock, describing it as a strong buy. Schmidt, who currently serves as a technical advisor to Alphabet Inc., highlighted Nvidia's position at the forefront of artificial intelligence and its strong growth prospects in the technology sector. His endorsement comes at a time when Nvidia's stock has been performing well, driven by increasing demand for its graphics chips and data center products. Schmidt's positive outlook on Nvidia signals a notable endorsement from a prominent figure in the tech industry and may influence investor sentiment towards the company's stock.
This news summary is based on an original article from Fortune and can be read here: Google ex-CEO Eric Schmidt thinks Nvidia stock is a buy