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CA News 2024


Smart money is selling it and buying these two rip-roaring artificial intelligence (AI) stocks instead.

The last 18 months have been very good Nvidia (NASDAQ: NVDA).

The exploding demand for artificial intelligence (AI) applications since ChatGPT’s launch has driven major tech companies to buy up Nvidia’s GPUs as quickly as possible. That has led to a huge increase in revenue and earnings for the chipmaker, and a commensurate increase in Nvidia’s stock price. Shares are up 425% since ChatGPT launched on November 30, 2022.

But some of the stock market’s most influential members think Nvidia’s stock price is overstated. Members of Congress and hedge fund billionaires are selling Nvidia stock and buying two other AI stocks that may have even more upside. Should you follow the smart money and drop Nvidia stock?

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