The AI Trade Just Cracked. Here’s the Price at Which I’d Start Buying Nvidia.
When OpenAI commercially launched ChatGPT in November 2022, few investors anticipated how dramatically artificial intelligence (AI) would reshape the stock market. Perhaps no company benefited more from this than Nvidia (NVDA -2.01%). Between late 2022 and year-end 2025, Nvidia’s stock price increased roughly tenfold — transforming the semiconductor designer into one of the world’s most…